Peabody Energy call volume above normal and directionally bullish

Bullish option flow detected in Peabody Energy with 8,474 calls trading, 1.7x expected, and implied vol increasing over 1 point to 54.49%. Jul-23 30 calls and Jan-24 30 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.13. Earnings are expected on April 27th.