Estee Lauder call volume above normal and directionally bullish

Bullish option flow detected in Estee Lauder (EL) with 11,157 calls trading, 1.1x expected, and implied vol increasing over 1 point to 42.49%. Mar-25 75 calls and Mar-25 85 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.57. Earnings are expected on May 1st.