Cassava Sciences call volume above normal and directionally bullish
The Fly

Cassava Sciences call volume above normal and directionally bullish

Bullish option flow detected in Cassava Sciences (SAVA) with 4,141 calls trading, 1.2x expected, and implied vol increasing almost 14 points to 223.27%. Jan-26 30 (nonstd SAVA1) calls and Nov-24 35 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 11th.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App