Catalent call volume above normal and directionally bullish

Bullish option flow detected in Catalent with 2,906 calls trading, 1.0x expected, and implied vol increasing over 1 point to 49.86%. Jul-23 55 calls and Jul-23 40 puts are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.40. Earnings are expected on August 29th.