Bullish option flow detected in BP with 15,758 calls trading, 1.7x expected, and implied vol increasing over 1 point to 26.22%. Apr-24 38 calls and Apr-24 38.5 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.26. Earnings are expected on May 7th.
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