Coinbase call volume above normal and directionally bullish

Bullish option flow detected in Coinbase with 63,262 calls trading, 3x expected, and implied vol increasing over 2 points to 83.61%. 10/27 weekly 80 calls and 10/27 weekly 77 calls are the most active options, with total volume in those strikes near 20,000 contracts. The Put/Call Ratio is 0.20. Earnings are expected on November 2nd.