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ConocoPhillips call volume above normal and directionally bullish

ConocoPhillips call volume above normal and directionally bullish

Bullish option flow detected in ConocoPhillips with 4,868 calls trading, 1.0x expected, and implied vol increasing over 1 point to 24.73%. 8/23 weekly 117 calls and Aug-24 110 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.47. Earnings are expected on October 31st.

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