Bullish option flow detected in Enovix with 2,838 calls trading, 3x expected, and implied vol increasing over 1 point to 83.28%. 1/6 weekly 11.5 calls and Jan-23 11.5 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.03. Earnings are expected on March 2nd.
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Published first on TheFly
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