Bullish option flow detected in Apellis Pharmaceuticals with 2,130 calls trading, 1.4x expected, and implied vol increasing over 2 points to 86.51%. Nov-23 50 calls and Nov-23 70 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on November 1st.
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