Bullish option flow detected in Novavax with 17,542 calls trading, 3x expected, and implied vol increasing over 7 points to 103.62%. Jan-26 2.5 puts and 3/1 weekly 5 calls are the most active options, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 0.61. Earnings are expected on May 7th.
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Read More on NVAX:
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