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Aurinia Pharmaceuticals call volume above normal and directionally bullish

Bullish option flow detected in Aurinia Pharmaceuticals with 2,498 calls trading, 1.0x expected, and implied vol increasing over 2 points to 112.71%. May-23 8 puts and May-23 14 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.60. Earnings are expected on May 4th.

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