Bullish option flow detected in Frontline with 2,994 calls trading, 2.0x expected, and implied vol increasing almost 3 points to 57.54%. Jan-23 15 calls and Nov-22 15 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.31. Earnings are expected on November 30th.
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Published first on TheFly
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Read More on FRO:
- Frontline price target raised to $15 from $12 at Deutsche Bank
- Frontline call volume above normal and directionally bullish
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