Bullish option flow detected in Patterson-UTI with 1,466 calls trading, 6x expected, and implied vol increasing over 1 point to 49.23%. Mar-24 13 calls and May-24 11 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 14th.
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