Cytokinetics call volume above normal and directionally bullish
The Fly

Cytokinetics call volume above normal and directionally bullish

Bullish option flow detected in Cytokinetics with 1,300 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 114.20%. Jan-24 45 calls and Dec-23 40 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.02. Earnings are expected on February 28th.

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