Bullish option flow detected in Novavax with 2,478 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 118.91%. Jan-23 17.5 calls and 12/9 weekly 18 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 27th.
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Published first on TheFly
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