Wayfair call volume above normal and directionally bullish

Bullish option flow detected in Wayfair with 9,176 calls trading, 3x expected, and implied vol increasing almost 3 points to 85.10%. 3/10 weekly 40 calls and Mar-23 30 puts are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 4th.