Applied Optoelectronics call volume above normal and directionally bullish

Bullish option flow detected in Applied Optoelectronics (AAOI) with 17,154 calls trading, 3x expected, and implied vol increasing almost 2 points to 96.50%. Feb-26 35 calls and Feb-26 33 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.20. Earnings are expected on February 26th.