Bullish option flow detected in Iovance Biotherapeutics with 5,276 calls trading, 2x expected, and implied vol increasing over 9 points to 137.02%. May-24 12.5 calls and 5/3 weekly 14 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.01. Earnings are expected on May 7th.
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