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Scorpio Tankers call volume above normal and directionally bullish

Bullish option flow detected in Scorpio Tankers with 6,984 calls trading, 1.9x expected, and implied vol increasing almost 3 points to 60.75%. Feb-23 60 calls and Feb-23 55 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.22. Earnings are expected on February 16th.

Published first on TheFly

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