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Transocean call volume above normal and directionally bullish
The Fly

Transocean call volume above normal and directionally bullish

Bullish option flow detected in Transocean with 15,334 calls trading, 1.2x expected, and implied vol increasing over 2 points to 63.06%. Mar-24 6 calls and Jan-25 4.5 calls are the most active options, with total volume in those strikes near 12,400 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 19th.

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