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Scorpio Tankers call volume above normal and directionally bullish

Bullish option flow detected in Scorpio Tankers with 8,267 calls trading, 1.4x expected, and implied vol increasing over 1 point to 62.23%. Feb-23 55 calls and 2/10 weekly 48 puts are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.33. Earnings are expected on February 16th.

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Published first on TheFly

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