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ImmunityBio call volume above normal and directionally bullish

Bullish option flow detected in ImmunityBio with 6,669 calls trading, 1.6x expected, and implied vol increasing almost 10 points to 170.24%. Apr-24 5 calls and Apr-24 7.5 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 9th.

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