Ebix call volume above normal and directionally bullish

Bullish option flow detected in Ebix with 18,639 calls trading, 5x expected, and implied vol increasing almost 30 points to 202.38%. 1/5 weekly 5.5 calls and 12/22 weekly 11 calls are the most active options, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 13th.