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Avadel Pharmaceuticals call volume above normal and directionally bullish

Bullish option flow detected in Avadel Pharmaceuticals with 1,680 calls trading, 2.0x expected, and implied vol increasing almost 3 points to 95.93%. Oct-24 15 calls and Sep-24 15 calls are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 6th.

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