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Iovance Biotherapeutics options imply 12.4% move in share price post-earnings

Iovance Biotherapeutics options imply 12.4% move in share price post-earnings

Pre-earnings options volume in Iovance Biotherapeutics (IOVA) is 2.2x normal with calls leading puts 8:7. Implied volatility suggests the market is anticipating a move near 12.4%, or 67c, after results are released. Median move over the past eight quarters is 7.6%.

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