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Novavax call volume above normal and directionally bullish
The Fly

Novavax call volume above normal and directionally bullish

Bullish option flow detected in Novavax (NVAX) with 9,346 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 84.19%. Apr-25 12.5 calls and 12/13 weekly 10 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 26th.

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