Bullish option flow detected in 89bio with 2,014 calls trading, 1.3x expected, and implied vol increasing almost 3 points to 66.31%. Apr-23 17.5 calls and Apr-23 15 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 10th.
Published first on TheFly
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