Bullish option flow detected in Cassava Sciences with 2,723 calls trading, 1.4x expected, and implied vol increasing almost 4 points to 70.86%. Nov-23 35 calls and Jun-23 26 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.05. Earnings are expected on August 3rd.
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Published first on TheFly
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