Bullish option flow detected in Novartis with 9,244 calls trading, 3x expected, and implied vol increasing over 1 point to 21.11%. Jul-23 100 calls and Jul-23 105 calls are the most active options, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 0.02. Earnings are expected on July 18th.
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