Bullish option flow detected in Novartis with 4,807 calls trading, 2x expected, and implied vol increasing over 1 point to 19.41%. Jan-23 95 calls and Jan-23 92.5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 1st.
Published first on TheFly
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