Bullish option flow detected in Cassava Sciences with 3,647 calls trading, 1.6x expected, and implied vol increasing over 2 points to 92.08%. Aug-23 40 calls and 7/7 weekly 22.5 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 3rd.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SAVA:
- H.C. Wainwright reiterates Buy rating, $124 target on Cassava after AD data
- Cassava Sciences Plunges despite Solid Drug Study
- Cassava’s simufilam didn’t slow cognitive decline, STAT’s Feuerstein says
- Cassava says oral simufilam slowed cognitive decline in withdrawal trial
- Oral Simufilam Slowed Cognitive Decline in a Randomized Withdrawal Trial of Mild-to-Moderate Alzheimer’s Disease