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Petrobras call volume above normal and directionally bullish

Petrobras call volume above normal and directionally bullish

Bullish option flow detected in Petrobras (PBR) with 27,455 calls trading, 2x expected, and implied vol increasing over 8 points to 44.36%. Jan-25 12 calls and Jan-25 12 (nonstd PBR1) calls are the most active options, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 0.07. Earnings are expected on March 6th.

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