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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