Bullish option flow detected in Novavax with 12,677 calls trading, 2x expected, and implied vol increasing almost 8 points to 98.48%. 6/7 weekly 20 calls and Jun-24 20 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 6th.
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