Bullish option flow detected in Avadel Pharmaceuticals with 3,665 calls trading, 1.5x expected, and implied vol increasing over 1 point to 58.12%. Jan-25 17.5 calls and Apr-24 17.5 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 2nd.
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