Bullish option flow detected in Aurinia Pharmaceuticals with 2,465 calls trading, 1.2x expected, and implied vol increasing almost 6 points to 112.17%. May-23 11 calls and Apr-23 11 calls are the most active options, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 9th.
Published first on TheFly
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