Bullish option flow detected in Novavax with 6,034 calls trading, 1.0x expected, and implied vol increasing over 3 points to 113.47%. Feb-23 10 puts and Jan-23 12 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.49. Earnings are expected on February 27th.
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Published first on TheFly
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