Bullish option flow detected in Cassava Sciences with 6,488 calls trading, 1.3x expected, and implied vol increasing almost 3 points to 109.92%. Dec-22 35 calls and 12/9 weekly 35 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on February 28th.
Published first on TheFly
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