Bullish option flow detected in Iovance Biotherapeutics (IOVA) with 27,841 calls trading, 5x expected, and implied vol increasing over 8 points to 112.30%. 3/6 weekly 4.5 calls and Jan-27 3.5 puts are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.38. Earnings are expected on May 7th.
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