Bullish option flow detected in Novavax (NVAX) with 15,177 calls trading, 3x expected, and implied vol increasing almost 8 points to 71.12%. 1/23 weekly 9 calls and 1/23 weekly 8.5 calls are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 26th.
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