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Iovance Biotherapeutics call volume above normal and directionally bullish

Bullish option flow detected in Iovance Biotherapeutics with 4,726 calls trading, 1.3x expected, and implied vol increasing almost 69 points to 160.65%. Jun-24 9 calls and Jul-24 11 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.19. Earnings are expected on August 6th.

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