Bullish option flow detected in Petrobras (PBR) with 27,455 calls trading, 2x expected, and implied vol increasing over 8 points to 44.36%. Jan-25 12 calls and Jan-25 12 (nonstd PBR1) calls are the most active options, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 0.07. Earnings are expected on March 6th.
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