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Cassava Sciences call volume above normal and directionally bullish

Bullish option flow detected in Cassava Sciences with 2,601 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 82.34%. 7/28 weekly 20.5 calls and 7/28 weekly 21 calls are the most active options, with total volume in those strikes near 550 contracts. The Put/Call Ratio is 0.21. Earnings are expected on August 3rd.

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