HSBC call volume above normal and directionally bullish

Bullish option flow detected in HSBC with 5,256 calls trading, 12x expected, and implied vol increasing almost 4 points to 29.58%. Dec-23 38 calls and Nov-23 37 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.67. Earnings are expected on October 30th.