Bullish option flow detected in Novavax with 21,212 calls trading, 3x expected, and implied vol increasing almost 2 points to 112.24%. 1/5 weekly 5 calls and 1/5 weekly 5.5 calls are the most active options, with total volume in those strikes near 11,700 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 27th.
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