Bullish option flow detected in Scorpio Tankers with 2,559 calls trading, 1.7x expected, and implied vol increasing over 1 point to 48.73%. May-23 60 calls and 5/5 weekly 60 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.10. Earnings are expected on May 2nd.
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Published first on TheFly
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