SAVA - M/C ~ $300M...Bullish Option Flow (recent positive Alzheimer's P2 trial results)
Bullish option flow detected in Cassava Sciences with 2,525 calls trading, 1.0x expected, and implied vol increasing almost 5 points to 140.04%. Oct-20 12.5 calls and Oct-20 10 calls are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.39. Earnings are expected on October 27th.
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