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Aurinia Pharmaceuticals call volume above normal and directionally bullish

Bullish option flow detected in Aurinia Pharmaceuticals with 4,386 calls trading, 3x expected, and implied vol increasing almost 7 points to 82.15%. Mar-23 10 calls and Mar-23 9 calls are the most active options, with total volume in those strikes near 3,100 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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