MP Materials call volume above normal and directionally bullish

Bullish option flow detected in MP Materials with 22,999 calls trading, 23x expected, and implied vol increasing over 7 points to 62.57%. Apr-23 30 calls and Apr-23 35 calls are the most active options, with total volume in those strikes near 20,700 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 4th.