Bullish option flow detected in Novavax (NVAX) with 12,673 calls trading, 2x expected, and implied vol increasing almost 14 points to 90.76%. 4/11 weekly 6 puts and 4/4 weekly 6 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.28. Earnings are expected on May 9th.
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