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Transocean call volume above normal and directionally bullish

Bullish option flow detected in Transocean with 15,334 calls trading, 1.2x expected, and implied vol increasing over 2 points to 63.06%. Mar-24 6 calls and Jan-25 4.5 calls are the most active options, with total volume in those strikes near 12,400 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 19th.

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