Bullish option flow detected in BP with 7,336 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 28.09%. 5/10 weekly 39.5 calls and 5/10 weekly 38 puts are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.43. Earnings are expected on May 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP: