Annaly Capital call volume above normal and directionally bullish

Bullish option flow detected in Annaly Capital (NLY) with 37,477 calls trading, 8x expected, and implied vol increasing almost 6 points to 27.77%. Jan-26 24.5 calls and Feb-26 25 calls are the most active options, with total volume in those strikes near 28,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on January 28th.