Bullish option flow detected in LyondellBasell (LYB) with 4,846 calls trading, 3x expected, and implied vol increasing over 2 points to 41.13%. Aug-25 70 calls and Aug-25 65 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.31. Earnings are expected on August 1st.
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 LYB:
- LyondellBasell price target raised to $67 from $65 at Mizuho
- LyondellBasell price target lowered to $49 from $50 at UBS
- Chemours, chemical maker peers jump after EPA withdraws new use rules
- Chemical stocks on the rise after new use rules withdrawn by EPA
- Citi opens ‘short-term downside view’ on LyondellBasell into earnings