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.
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