Bullish option flow detected in Transocean (RIG) with 45,307 calls trading, 1.6x expected, and implied vol increasing over 1 point to 60.12%. 4/24 weekly 7.5 calls and Aug-26 7 calls are the most active options, with total volume in those strikes near 23,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 4th.
Claim 55% 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 RIG: