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Horizon Pharma call volume above normal and directionally bullish

Bullish option flow detected in Horizon Pharma with 2,956 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 19.92%. Feb-23 115 calls and Feb-23 109 puts are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.10. Earnings are expected on March 1st.

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Published first on TheFly

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