Wayfair call volume above normal and directionally bullish

Bullish option flow detected in Wayfair with 10,978 calls trading, 2x expected, and implied vol increasing over 2 points to 67.40%. Feb-24 50 calls and 11/24 weekly 50 calls are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.47. Earnings are expected on February 22nd.