Bullish option flow detected in Enovix with 6,382 calls trading, 10x expected, and implied vol increasing over 1 point to 79.42%. 1/6 weekly 11.5 calls and Jan-23 12.5 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.01. Earnings are expected on March 2nd.
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Published first on TheFly
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