Bullish option flow detected in Scorpio Tankers with 4,284 calls trading, 4x expected, and implied vol increasing over 1 point to 47.70%. Jan-24 55 calls and Apr-23 61 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 2nd.
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Published first on TheFly
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