Bullish option flow detected in Aurinia Pharmaceuticals with 7,152 calls trading, 4x expected, and implied vol increasing almost 16 points to 131.45%. Apr-23 15 calls and Apr-23 12 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 9th.
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Published first on TheFly
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