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Aurinia Pharmaceuticals put volume heavy and directionally bearish
The Fly

Aurinia Pharmaceuticals put volume heavy and directionally bearish

Bearish flow noted in Aurinia Pharmaceuticals with 1,104 puts trading, or 2x expected. Most active are Dec-23 7 puts and Nov-23 8 puts, with total volume in those strikes near 910 contracts. The Put/Call Ratio is 2.41, while ATM IV is up over 10 points on the day. Earnings are expected on November 2nd.

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