Bullish option flow detected in Apache with 2,705 calls trading, 2x expected, and implied vol increasing over 1 point to 41.70%. Jul-23 36 calls and 7/28 weekly 32 puts are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.34. Earnings are expected on August 2nd.
Published first on TheFly
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