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Aurinia Pharmaceuticals call volume above normal and directionally bullish

Bullish option flow detected in Aurinia Pharmaceuticals with 5,950 calls trading, 2x expected, and implied vol increasing over 1 point to 137.00%. Apr-23 12 calls and Jan-23 7 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 28th.

Published first on TheFly

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