Bullish option flow detected in Novavax with 5,583 calls trading, 1.3x expected, and implied vol increasing almost 8 points to 131.40%. 9/29 weekly 7.5 calls and 10/6 weekly 7.5 puts are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.47. Earnings are expected on November 8th.
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