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Iovance Biotherapeutics call volume above normal and directionally bullish

Bullish option flow detected in Iovance Biotherapeutics with 5,408 calls trading, 1.3x expected, and implied vol increasing over 1 point to 76.34%. Sep-24 10.5 calls and Jan-25 10 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.29. Earnings are expected on November 5th.

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