Verona Pharma call volume above normal and directionally bullish
The Fly

Verona Pharma call volume above normal and directionally bullish

Bullish option flow detected in Verona Pharma with 5,891 calls trading, 5x expected, and implied vol increasing over 11 points to 71.78%. Jul-24 25 calls and Jul-24 20 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 1st.

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