Bullish option flow detected in Transocean with 12,290 calls trading, 2x expected, and implied vol increasing almost 6 points to 50.61%. Apr-24 6 calls and 3/28 weekly 5 puts are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on April 29th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RIG:
- Transocean price target lowered to $6 from $7 at Piper Sandler
- Fly Insider: Sphere, Alaska Air among week’s notable insider trades
- Transocean price target lowered to $7 from $8 at Morgan Stanley
- Transocean price target lowered to $6 from $7 at Barclays
- Unusually active option classes on open February 21st