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Iovance Biotherapeutics call volume above normal and directionally bullish

Bullish option flow detected in Iovance Biotherapeutics (IOVA) with 10,499 calls trading, 3x expected, and implied vol increasing almost 6 points to 107.12%. 10/25 weekly 10 calls and Oct-24 10 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.13. Earnings are expected on November 5th.

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