British American Tobacco call volume above normal and directionally bullish

Bullish option flow detected in British American Tobacco with 39,261 calls trading, 29x expected, and implied vol increasing over 5 points to 23.07%. Nov-24 36 calls and Dec-24 36 calls are the most active options, with total volume in those strikes near 27,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 13th.