Candel Therapeutics Inc call volume above normal and directionally bullish

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Bullish option flow detected in Candel Therapeutics (CADL) Inc with 3,986 calls trading, 3x expected, and implied vol increasing almost 24 points to 171.94%. Dec-24 7 calls and Jan-25 4 puts are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.34. Earnings are expected on March 31st.

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