Arbor Realty call volume above normal and directionally bullish

Bullish option flow detected in Arbor Realty (ABR) with 52,708 calls trading, 23x expected, and implied vol increasing almost 6 points to 30.44%. 9/26 weekly 12.5 calls and Oct-25 13 calls are the most active options, with total volume in those strikes near 47,300 contracts. The Put/Call Ratio is 0.01. Earnings are expected on October 31st.