Bullish option flow detected in Novavax (NVAX) with 10,455 calls trading, 2x expected, and implied vol increasing over 6 points to 78.51%. 3/14 weekly 8.5 calls and Apr-25 7.5 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 9th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVAX:
- Unusually active option classes on open March 13th
- Novavax Announces Board Changes and Strategic Shift
- Novavax Faces Contract Termination with Canadian Government
- Novavax announces Young to retire as Chair of the Board, McGlynn to succeed
- CDC plans study into potential vaccines, autism connections, Reuters reports