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Bullish Move on Transocean
CHICAGO (TheStreet) -- Transocean(RIG Quote) is due to report earnings Wednesday ahead of the opening bell.
Analysts expect per-share results of $2.67, 29% lower than a year ago. The February 70 calls have been active today ahead of this report.
Volume on these in-the-money calls has reached nearly 16,000 contracts today. Given that open interest heading into Tuesday's session was 364, these were likely traded to open. ...
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