Gilead call volume above normal and directionally bullish

Bullish option flow detected in Gilead with 6,212 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 22.97%. May-23 84 calls and Jul-23 85 puts are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.38. Earnings are expected on August 3rd.