Bullish option flow detected in PBF Energy with 6,713 calls trading, 3x expected, and implied vol increasing over 3 points to 60.29%. Apr-23 49 calls and Jun-23 40 puts are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.29. Earnings are expected on May 4th.
Published first on TheFly
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