Bearish flow noted in NovoCure with 1,284 puts trading, or 1.0x expected. Most active are Jun-23 50 puts and Jul-23 50 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 3.08, while ATM IV is up over 1 point on the day. Earnings are expected on August 3rd.
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