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Aurora Cannabis call volume above normal and directionally bullish

Bullish option flow detected in Aurora Cannabis with 21,088 calls trading, 29x expected, and implied vol increasing almost 48 points to 155.54%. 7/26 weekly 6.5 calls and 7/26 weekly 6 calls are the most active options, with total volume in those strikes near 20,000 contracts. The Put/Call Ratio is 0.05. Earnings are expected on August 8th.

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