Nucor call volume above normal and directionally bullish

Bullish option flow detected in Nucor with 2,314 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 27.40%. 7/26 weekly 160 calls and 7/26 weekly 165 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.62. Earnings are expected on October 21st.