tiprankstipranks
The Fly

US Steel call volume above normal and directionally bullish

US Steel call volume above normal and directionally bullish

Bullish option flow detected in US Steel with 20,202 calls trading, 1.3x expected, and implied vol increasing over 2 points to 55.24%. 3/14 weekly 41 calls and Mar-25 42 calls are the most active options, with total volume in those strikes near 15,300 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 1st.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1