Square call volume above normal and directionally bullish

Bullish option flow detected in Square with 47,190 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 64.38%. Jan-26 80 calls and Oct-23 40 puts are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.64. Earnings are expected on November 2nd.