Bullish option flow detected in Cassava Sciences with 2,987 calls trading, 1.1x expected, and implied vol increasing almost 12 points to 89.98%. 5/3 weekly 22 calls and 5/31 weekly 30 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 6th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAVA:
