Groupon call volume above normal and directionally bullish

Bullish option flow detected in Groupon with 3,263 calls trading, 1.0x expected, and implied vol increasing over 9 points to 111.90%. 8/2 weekly 16 calls and 8/2 weekly 20 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.06. Earnings are expected on July 30th.