Bullish option flow detected in Transocean with 12,290 calls trading, 2x expected, and implied vol increasing almost 6 points to 50.61%. Apr-24 6 calls and 3/28 weekly 5 puts are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on April 29th.
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