Bullish option flow detected in Transocean with 33,553 calls trading, 3x expected, and implied vol increasing over 2 points to 45.70%. Aug-24 6 calls and Jul-24 7 calls are the most active options, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 0.28. Earnings are expected on July 29th.
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