Bullish option flow detected in Scorpio Tankers with 4,783 calls trading, 1.1x expected, and implied vol increasing over 1 point to 40.30%. Oct-23 60 calls and Jan-24 70 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.24. Earnings are expected on October 31st.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on STNG:
- Scorpio Tankers (NYSE:STNG) Pleased Investors with Share Repurchase Execution
- Scorpio Tankers says repurchased 980K of its common shares
- Scorpio Tankers Inc. Announces Repurchases of its Common Shares
- ‘Load Up,’ Says J.P. Morgan About These 2 ‘Strong Buy’ Stocks
- Scorpio Tankers call volume above normal and directionally bullish