Bullish option flow detected in Permian Resources with 2,738 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 31.37%. Apr-24 17 calls and Jul-24 22 calls are the most active options, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 6th.
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