Penn National call volume above normal and directionally bullish

Bullish option flow detected in Penn National with 24,586 calls trading, 1.7x expected, and implied vol increasing over 1 point to 53.37%. 3/28 weekly 22 calls and 3/22 weekly 20 calls are the most active options, with total volume in those strikes near 17,900 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 2nd.