Johnson Controls call volume above normal and directionally bullish

Bullish option flow detected in Johnson Controls with 3,929 calls trading, 1.7x expected, and implied vol increasing over 2 points to 32.94%. Nov-23 52.5 calls and Dec-23 52.5 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.08. Earnings are expected on November 29th.