Bullish option flow detected in Shell (SHEL) PLC with 16,186 calls trading, 1.8x expected, and implied vol increasing over 2 points to 26.36%. Feb-26 79 calls and 2/27 weekly 76 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHEL:
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 15
- BP Stock Plunges as British Energy Giant Suspends Buybacks amid Weak Oil Prices
- Shell: Robust Cash Generation and Strategic Liquids Expansion Underscore Buy Rating Despite Near-Term Earnings Miss
- Shell price target lowered to $77 from $78 at Wells Fargo
- Shell price target lowered to $89 from $93 at Piper Sandler