Bullish option flow detected in Novavax with 6,839 calls trading, 1.8x expected, and implied vol increasing almost 4 points to 107.25%. 3/31 weekly 7 calls and Jan-24 5 puts are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.41. Earnings are expected on May 8th.
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