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Aurora Cannabis call volume above normal and directionally bullish

Bullish option flow detected in Aurora Cannabis with 7,368 calls trading, 3x expected, and implied vol increasing almost 96 points to 194.26%. 7/12 weekly 6.5 calls and 7/12 weekly 5.5 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.17. Earnings are expected on August 8th.

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