Archer Daniels call volume above normal and directionally bullish
The Fly

Archer Daniels call volume above normal and directionally bullish

Bullish option flow detected in Archer Daniels with 14,310 calls trading, 2x expected, and implied vol increasing over 1 point to 33.86%. Mar-24 60 calls and 3/8 weekly 54 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.25. Earnings are expected on March 12th.

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