Pan American Silver call volume above normal and directionally bullish

Bullish option flow detected in Pan American Silver with 7,153 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 45.45%. Jul-24 22 calls and 7/5 weekly 21 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.17. Earnings are expected on August 7th.