Bearish flow noted in Aurinia Pharmaceuticals with 4,024 puts trading, or 7x expected. Most active are Dec-23 8 puts and Dec-23 8 calls, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 2.62, while ATM IV is up nearly 8 points on the day. Earnings are expected on February 27th.
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