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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 16,373 calls trading, 1.9x expected, and implied vol increasing almost 3 points to 67.51%. Dec-23 13 calls and Dec-23 11 calls are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 28th.

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