Bullish option flow detected in Focus Morningstar Large Cap Index ETF with 4,720 calls trading, 1.7x expected, and implied vol increasing almost 21 points to 74.80%. Jan-25 12 calls and Dec-24 12 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.05. Earnings are expected on January 30th.