Bullish option flow detected in Transocean (RIG) with 38,001 calls trading, 3x expected, and implied vol increasing almost 6 points to 57.99%. Jun-26 7 puts and Jun-27 12 calls are the most active options, with total volume in those strikes near 15,400 contracts. The Put/Call Ratio is 0.50. Earnings are expected on August 3rd.
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