Bullish option flow detected in US Steel with 10,530 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 47.75%. Feb-23 30.5 calls and Feb-23 28.5 puts are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.56. Earnings are expected on May 4th.
Published first on TheFly
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