Southwest call volume above normal and directionally bullish

Bullish option flow detected in Southwest (LUV) with 22,808 calls trading, 1.8x expected, and implied vol increasing almost 5 points to 74.15%. Sep-25 42.5 calls and Apr-25 26 calls are the most active options, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 0.61. Earnings are expected on April 24th.