Bullish option flow detected in Aurora Cannabis with 23,128 calls trading, 7x expected, and implied vol increasing almost 43 points to 165.64%. 4/5 weekly 6 calls and 4/12 weekly 6 calls are the most active options, with total volume in those strikes near 13,800 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 9th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACB:
- Rising High: Exclusive talk with financial services firm Safe Harbor Financial
- Unusually active option classes on open March 25th
- Cannabis Stocks Surge as Schumer Increases Push for SAFER Banking Act
- Cannabis stocks rally after Germany passes partial legalization law
- Here’s What You Missed in Cannabis, Psychedelics This Week