Scorpio Tankers call volume above normal and directionally bullish
The Fly

Scorpio Tankers call volume above normal and directionally bullish

Bullish option flow detected in Scorpio Tankers with 3,221 calls trading, 1.1x expected, and implied vol increasing over 1 point to 27.53%. Sep-24 90 calls and 6/14 weekly 78 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.22. Earnings are expected on July 31st.

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