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Horizon Pharma call volume above normal and directionally bullish

Bullish option flow detected in Horizon Pharma with 15,186 calls trading, 3x expected, and implied vol increasing over 1 point to 7.72%. Jan-23 115 calls and Jan-23 110 puts are the most active options, with total volume in those strikes near 14,900 contracts. The Put/Call Ratio is 0.16. Earnings are expected on March 1st.

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Published first on TheFly

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