Bullish option flow detected in Enovix with 6,456 calls trading, 8x expected, and implied vol increasing over 8 points to 92.04%. 1/6 weekly 13.5 calls and 1/6 weekly 11.5 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.00. Earnings are expected on March 2nd.
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Published first on TheFly
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