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ImmunityBio call volume above normal and directionally bullish

Bullish option flow detected in ImmunityBio (IBRX) with 29,532 calls trading, 1.2x expected, and implied vol increasing over 4 points to 105.42%. May-26 7.5 calls and 4/24 weekly 8.5 calls are the most active options, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 11th.

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