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Cassava Sciences call volume above normal and directionally bullish

Bullish option flow detected in Cassava Sciences with 11,699 calls trading, 2x expected, and implied vol increasing over 6 points to 152.47%. 8/2 weekly 20 calls and Aug-24 25 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.43. Earnings are expected on August 1st.

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