Bullish option flow detected in Aurora Cannabis with 17,493 calls trading, 1.1x expected, and implied vol increasing over 8 points to 156.38%. 4/26 weekly 8 calls and 4/26 weekly 7.5 calls are the most active options, with total volume in those strikes near 9,200 contracts. The Put/Call Ratio is 0.09. 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:
- Here’s What You Missed in Cannabis, Psychedelics This Week
- Largest borrow rate increases among liquid names
- Analyst: SAFER Banking Act Has 50%-60% Chance of Passing
- Rising High: Exclusive talk with cannabis market research firm BDSA
- Lawmakers Consider Merging SAFER Banking Act with Crypto Regulation