Plains GP Holdings call volume above normal and directionally bullish

Bullish option flow detected in Plains GP Holdings with 7,535 calls trading, 5x expected, and implied vol increasing almost 4 points to 19.59%. Dec-23 16 calls and Feb-24 16 calls are the most active options, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 0.00. Earnings are expected on February 7th.