Blackstone Mortgage call volume above normal and directionally bullish

Bullish option flow detected in Blackstone Mortgage with 3,336 calls trading, 1.7x expected, and implied vol increasing over 4 points to 34.10%. Apr-24 23 calls and Jan-24 23 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.45. Earnings are expected on February 7th.