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89bio call volume above normal and directionally bullish
The Fly

89bio call volume above normal and directionally bullish

Bullish option flow detected in 89bio with 2,014 calls trading, 1.3x expected, and implied vol increasing almost 3 points to 66.31%. Apr-23 17.5 calls and Apr-23 15 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 10th.

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