tiprankstipranks

Novavax call volume above normal and directionally bullish

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>>

Disclaimer & DisclosureReport an Issue