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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 5,343 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 91.88%. Jan-25 22.5 calls and Jul-24 14 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.27. Earnings are expected on February 28th.

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