Bullish option flow detected in Caterpillar with 16,567 calls trading, 2x expected, and implied vol increasing over 1 point to 23.11%. Dec-23 310 calls and 9/22 weekly 277.5 puts are the most active options, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 0.26. Earnings are expected on October 26th.
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