Bullish option flow detected in Aurinia Pharmaceuticals with 6,424 calls trading, 1.8x expected, and implied vol increasing almost 3 points to 121.30%. May-23 12 calls and Jul-23 14 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 9th.
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Published first on TheFly
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