Apache call volume above normal and directionally bullish

Bullish option flow detected in Apache with 7,508 calls trading, 1.1x expected, and implied vol increasing over 2 points to 47.64%. Oct-23 50 calls and 4/14 weekly 40 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.63. Earnings are expected on May 3rd.