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Novavax call volume above normal and directionally bullish

Bullish option flow detected in Novavax (NVAX) with 15,743 calls trading, 1.7x expected, and implied vol increasing over 2 points to 73.97%. 1/24 weekly 9 calls and 1/31 weekly 10 calls are the most active options, with total volume in those strikes near 8,200 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 26th.

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