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BP call volume above normal and directionally bullish

BP call volume above normal and directionally bullish

Bullish option flow detected in BP (BP) with 15,808 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 31.60%. Feb-25 32 calls and Mar-25 30 puts are the most active options, with total volume in those strikes near 12,500 contracts. The Put/Call Ratio is 0.38. Earnings are expected on February 11th.

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