Bullish option flow detected in Transocean with 25,511 calls trading, 1.9x expected, and implied vol increasing over 5 points to 65.91%. Mar-23 7 calls and Jan-24 7 calls are the most active options, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 0.24. Earnings are expected on February 21st.
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