Etsy call volume above normal and directionally bullish

Bullish option flow detected in Etsy with 8,619 calls trading, 2x expected, and implied vol increasing almost 2 points to 55.24%. 7/12 weekly 59 calls and Jan-25 55 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.52. Earnings are expected on July 31st.