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Nektar call volume above normal and directionally bullish

Bullish option flow detected in Nektar (NKTR) with 4,070 calls trading, 1.3x expected, and implied vol increasing almost 6 points to 89.41%. Aug-25 23 calls and Nov-25 40 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 7th.

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