Bullish option flow detected in Transocean with 13,464 calls trading, 2x expected, and implied vol increasing almost 9 points to 67.29%. Aug-24 6 calls and Jan-25 7 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.22. Earnings are expected on July 29th.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIG:
- Transocean Secures Rig Contracts and Moves to Acquire JV Stake
- Transocean Ltd. Announces $161 Million in Contract Extensions and Exercised Options for Harsh Environment Semisubmersibles
- Fly Insider: Transocean, AECOM among week’s notable insider trades
- Insider Trading: Transocean Stock Gains on Huge Insider Buy
- Elliott buys Transocean, sells Valaris in Q1