Bullish option flow detected in Seres Therapeutics with 3,842 calls trading, 2.0x expected, and implied vol increasing almost 2 points to 103.03%. May-23 5 calls and May-23 7.5 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.10. Earnings are expected on May 10th.
Published first on TheFly
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