Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 24,314 calls trading, 2x expected, and implied vol increasing over 12 points to 62.67%. Jul-26 16 calls and 7/10 weekly 16 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.19. Earnings are expected on August 5th.