Bullish option flow detected in BP with 26,301 calls trading, 4x expected, and implied vol increasing almost 3 points to 26.93%. 10/4 weekly 32 calls and 10/4 weekly 32.5 calls are the most active options, with total volume in those strikes near 13,600 contracts. The Put/Call Ratio is 0.08. Earnings are expected on October 29th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP: