Bullish option flow detected in Applied Optoelectronics with 2,563 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 86.41%. Sep-24 20 calls and 4/12 weekly 17 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 2nd.
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