Bullish option flow detected in BP (BP) with 34,400 calls trading, 7x expected, and implied vol increasing over 1 point to 32.58%. May-25 31.5 calls and 5/30 weekly 31 calls are the most active options, with total volume in those strikes near 26,700 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 5th.
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