Bullish option flow detected in Scorpio Tankers with 8,636 calls trading, 3x expected, and implied vol increasing almost 3 points to 39.96%. Jan-24 69 calls and Apr-24 65 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.32. Earnings are expected on February 15th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on STNG:
- Largest borrow rate increases among liquid names
- Unusually active option classes on open December 18th
- Scorpio Tankers price target lowered by $5 at BofA, here’s why
- Scorpio Tankers’ bookings update shows rates better than expected, says Stifel
- Scorpio Tankers provides update on Q4 Daily TCE Revenues and lease activity