Aurinia Pharmaceuticals call volume above normal and directionally bullish

Bullish option flow detected in Aurinia Pharmaceuticals with 7,969 calls trading, 5x expected, and implied vol increasing over 19 points to 104.94%. Apr-23 10 calls and Apr-23 11 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.01. Earnings are expected on May 9th.