Bullish option flow detected in Scorpio Tankers with 5,709 calls trading, 3x expected, and implied vol increasing over 1 point to 45.49%. Jan-24 70 calls and Oct-23 56 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.14. Earnings are expected on October 31st.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on STNG: