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.
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Published first on TheFly
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