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ImmunityBio call volume above normal and directionally bullish

Bullish option flow detected in ImmunityBio with 12,526 calls trading, 2x expected, and implied vol increasing over 7 points to 262.04%. May-24 5.5 calls and Apr-24 5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.39. Earnings are expected on May 9th.

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