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Novavax call volume above normal and directionally bullish

Bullish option flow detected in Novavax (NVAX) with 9,346 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 84.19%. Apr-25 12.5 calls and 12/13 weekly 10 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 26th.

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