Groupon call volume above normal and directionally bullish

Bullish option flow detected in Groupon with 7,923 calls trading, 2x expected, and implied vol increasing almost 11 points to 123.61%. Jan-25 20 calls and Aug-24 30 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.56. Earnings are expected on July 30th.