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Novavax call volume above normal and directionally bullish

Bullish option flow detected in Novavax with 30,843 calls trading, 4x expected, and implied vol increasing almost 4 points to 123.48%. Oct-24 13.5 calls and Oct-24 13 calls are the most active options, with total volume in those strikes near 21,300 contracts. The Put/Call Ratio is 0.06. Earnings are expected on November 7th.

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