BP call volume above normal and directionally bullish
Bullish option flow detected in BP with 9,171 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 33.15%. Sep-26 43 calls and Dec-26 42 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.17. Earnings are expected on August 4th.