Bullish option flow detected in Applied Optoelectronics with 3,902 calls trading, 1.2x expected, and implied vol increasing over 5 points to 163.09%. Aug-23 10 calls and Aug-23 7.5 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.07. Earnings are expected on August 3rd.
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