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Transocean call volume above normal and directionally bullish

Transocean call volume above normal and directionally bullish

Bullish option flow detected in Transocean with 20,627 calls trading, 3x expected, and implied vol increasing almost 3 points to 62.14%. Jan-25 7 calls and Aug-24 5.5 calls are the most active options, with total volume in those strikes near 13,800 contracts. The Put/Call Ratio is 0.13. Earnings are expected on October 28th.

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