IVERIC bio call volume above normal and directionally bullish

Bullish option flow detected in IVERIC bio with 3,807 calls trading, 3x expected, and implied vol increasing almost 2 points to 54.01%. Apr-23 25 calls and Mar-23 25 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 3rd.

Published first on TheFly

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