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Aurinia Pharmaceuticals call volume above normal and directionally bullish

Bullish option flow detected in Aurinia Pharmaceuticals with 3,353 calls trading, 4x expected, and implied vol increasing almost 5 points to 116.46%. Jan-23 8 calls and Apr-23 8 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.21. Earnings are expected on February 28th.

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