Upstart Holdings call volume above normal and directionally bullish

Bullish option flow detected in Upstart Holdings with 72,740 calls trading, 3x expected, and implied vol increasing almost 3 points to 105.09%. Jul-24 30 calls and 7/12 weekly 28 calls are the most active options, with total volume in those strikes near 17,200 contracts. The Put/Call Ratio is 0.23. Earnings are expected on August 6th.