Coty call volume above normal and directionally bullish

Bullish option flow detected in Coty with 23,074 calls trading, 12x expected, and implied vol increasing over 3 points to 37.80%. 2/24 weekly 11.5 calls and 3/3 weekly 11.5 calls are the most active options, with total volume in those strikes near 22,300 contracts. The Put/Call Ratio is 0.02. Earnings are expected on May 9th.