Bullish option flow detected in Patterson-UTI with 2,156 calls trading, 5x expected, and implied vol increasing over 1 point to 52.67%. Mar-24 12 calls and May-24 8 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.01. Earnings are expected on February 14th.
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