Bullish option flow detected in IVERIC bio with 6,075 calls trading, 1.5x expected, and implied vol increasing over 5 points to 77.22%. May-23 36 calls and May-23 40 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.17. Earnings are expected on May 3rd.
Published first on TheFly
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