Bullish option flow detected in US Steel with 10,496 calls trading, 1.3x expected, and implied vol increasing over 2 points to 53.67%. 12/2 weekly 27 calls and Jan-23 25 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.32. Earnings are expected on January 26th.
Published first on TheFly
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