Catalent call volume above normal and directionally bullish

Bullish option flow detected in Catalent with 4,686 calls trading, 3x expected, and implied vol increasing almost 3 points to 84.14%. May-23 50 calls and May-23 55 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.01. Earnings are expected on May 9th.