Bullish option flow detected in BP with 21,390 calls trading, 4x expected, and implied vol increasing almost 2 points to 19.46%. 6/14 weekly 36 calls and Jun-25 33 puts are the most active options, with total volume in those strikes near 17,700 contracts. The Put/Call Ratio is 0.34. Earnings are expected on July 30th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP:
- UK Stocks: BP Shares Decline on S&P Credit Outlook Downgrade
- BP Reports Updated Share Capital and Voting Rights
- OPEC+ extends deep oil production cuts into 2025, Reuters says
- This Week in Oil: Prices Tumble Amid Plentiful Supply, Hawkish Fed
- Airbnb Teams Up with ChargePoint for EV Charging Solutions