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Biohaven call volume above normal and directionally bullish

Bullish option flow detected in Biohaven (BHVN) with 1,855 calls trading, 1.3x expected, and implied vol increasing over 5 points to 122.30%. Dec-25 17.5 calls and Dec-25 10 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.44. Earnings are expected on March 2nd.

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