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Nektar call volume above normal and directionally bullish

Bullish option flow detected in Nektar (NKTR) with 8,409 calls trading, 3x expected, and implied vol increasing over 23 points to 104.67%. Jul-25 26 calls and Aug-25 23 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 7th.

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