Bullish option flow detected in Peabody Energy (BTU) with 44,492 calls trading, 22x expected, and implied vol increasing over 4 points to 53.66%. 3/28 weekly 15.5 calls and 3/28 weekly 16 calls are the most active options, with total volume in those strikes near 39,700 contracts. The Put/Call Ratio is 0.01. Earnings are expected on May 1st.
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