Illumina call volume above normal and directionally bullish

Bullish option flow detected in Illumina with 2,907 calls trading, 2.0x expected, and implied vol increasing over 2 points to 50.99%. Aug-24 100 puts and Jan-25 135 calls are the most active options, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 0.56. Earnings are expected on August 6th.