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Iovance Biotherapeutics call volume above normal and directionally bullish

Iovance Biotherapeutics call volume above normal and directionally bullish

Bullish option flow detected in Iovance Biotherapeutics (IOVA) with 10,499 calls trading, 3x expected, and implied vol increasing almost 6 points to 107.12%. 10/25 weekly 10 calls and Oct-24 10 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.13. Earnings are expected on November 5th.

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