Bullish option flow detected in BP (BP) with 11,771 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 35.77%. 2/28 weekly 33 calls and Feb-25 33 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.45. Earnings are expected on February 11th.
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