Bullish option flow detected in ArcelorMittal with 6,528 calls trading, 4x expected, and implied vol increasing over 2 points to 37.89%. Feb-23 32 calls and Feb-23 29 puts are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.45. Earnings are expected on February 9th.
Published first on TheFly
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