Bullish option flow detected in Cassava Sciences with 16,978 calls trading, 3x expected, and implied vol increasing almost 23 points to 200.43%. 8/9 weekly 40 calls and 8/9 weekly 35 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 7th.
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