Peabody Energy call volume above normal and directionally bullish

Bullish option flow detected in Peabody Energy with 12,072 calls trading, 2x expected, and implied vol increasing almost 2 points to 38.82%. Aug-24 24 calls and Jan-25 18 puts are the most active options, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 0.64. Earnings are expected on October 31st.