New Fortress Energy call volume above normal and directionally bullish

Bullish option flow detected in New Fortress Energy with 3,164 calls trading, 1.2x expected, and implied vol increasing over 1 point to 78.65%. Aug-24 25 calls and Sep-24 30 calls are the most active options, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 0.20. Earnings are expected on August 8th.