Bullish option flow detected in Applied Optoelectronics with 5,634 calls trading, 1.5x expected, and implied vol increasing over 16 points to 158.51%. Aug-23 7.5 calls and Sep-23 10 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.04. Earnings are expected on August 3rd.
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