Bullish option flow detected in BP (BP) with 23,071 calls trading, 1.5x expected, and implied vol increasing over 1 point to 24.62%. Sep-25 35 calls and Sep-25 36 calls are the most active options, with total volume in those strikes near 15,400 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 4th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP:
- CVX, SHEL, BP: Oil Prices Recover as U.S. Crude Inventories Decline
- BP initiated with a Buy at Melius Research
- BP, Shel, CVX: Oil Stocks Give Mixed Reception to Ukraine Peace Hopes as Prices Slide
- BP price target raised to $38 from $35 at Piper Sandler
- Deere, Cisco dip after quarterly reports: Morning Buzz