Peabody Energy call volume above normal and directionally bullish

Bullish option flow detected in Peabody Energy with 5,403 calls trading, 1.1x expected, and implied vol increasing over 1 point to 34.22%. 8/30 weekly 19.5 puts and 8/30 weekly 28.5 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.55. Earnings are expected on October 31st.