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Iovance Biotherapeutics call volume above normal and directionally bullish

Bullish option flow detected in Iovance Biotherapeutics with 6,385 calls trading, 1.3x expected, and implied vol increasing over 5 points to 106.69%. Dec-23 7.5 calls and Jan-25 10 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.16. Earnings are expected on February 27th.

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