Bullish option flow detected in Suncor (SU) with 9,777 calls trading, 3x expected, and implied vol increasing over 1 point to 25.17%. Mar-25 39 calls and Mar-25 41 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 20th.
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Read More on SU:
- Suncor downgraded to Equal Weight from Overweight at Morgan Stanley
- Suncor price target lowered to C$55 from C$56 at Raymond James
- Suncor Energy Sets Ambitious 2025 Growth Plans
- Suncor sees FY25 annual upstream production 810,000-840,000 bbls/d
- Suncor price target raised to C$57 from C$55 at Morgan Stanley