Cassava Sciences call volume above normal and directionally bullish
The Fly

Cassava Sciences call volume above normal and directionally bullish

Bullish option flow detected in Cassava Sciences with 6,525 calls trading, 1.6x expected, and implied vol increasing over 1 point to 109.40%. 11/11 weekly 40 calls and Nov-22 45 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 28th.

Published first on TheFly

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