Riot Blockchain call volume above normal and directionally bullish

Bullish option flow detected in Riot Blockchain with 34,449 calls trading, 1.4x expected, and implied vol increasing almost 11 points to 108.13%. Jul-24 11.5 calls and Jul-24 11 calls are the most active options, with total volume in those strikes near 12,200 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 8th.