UWM Holdings Corp call volume above normal and directionally bullish

Bullish option flow detected in UWM Holdings Corp with 5,786 calls trading, 1.8x expected, and implied vol increasing almost 13 points to 61.06%. 10/25 weekly 7.5 calls and 10/25 weekly 7 puts are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.06. Earnings are expected on November 6th.