Caesars call volume above normal and directionally bullish

Bullish option flow detected in Caesars with 17,175 calls trading, 4x expected, and implied vol increasing over 1 point to 41.79%. Jun-24 40 calls and Jun-24 37 calls are the most active options, with total volume in those strikes near 12,400 contracts. The Put/Call Ratio is 0.15. Earnings are expected on July 30th.