Upstart Holdings call volume above normal and directionally bullish

Bullish option flow detected in Upstart Holdings with 7,669 calls trading, 1.2x expected, and implied vol increasing almost 5 points to 115.40%. 4/26 weekly 23 calls and 4/26 weekly 24 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.46. Earnings are expected on May 7th.