tiprankstipranks

Petrobras call volume above normal and directionally bullish

Bullish option flow detected in Petrobras (PBR) with 12,602 calls trading, 1.0x expected, and implied vol increasing almost 3 points to 27.01%. 4/4 weekly 15 calls and Jun-25 15 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.50. Earnings are expected on May 12th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue