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Novavax call volume above normal and directionally bullish

Bullish option flow detected in Novavax with 15,361 calls trading, 3x expected, and implied vol increasing over 2 points to 111.33%. Jul-24 15 calls and Jul-24 20 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 6th.

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