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Enovix call volume above normal and directionally bullish
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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 6,474 calls trading, 1.0x expected, and implied vol increasing over 3 points to 99.85%. Jan-25 15 calls and 2/23 weekly 10.5 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.27. Earnings are expected on February 20th.

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