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Scorpio Tankers call volume above normal and directionally bullish

Bullish option flow detected in Scorpio Tankers with 17,280 calls trading, 7x expected, and implied vol increasing over 1 point to 49.35%. Oct-23 50 calls and 8/4 weekly 47 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 2nd.

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