Bullish option flow detected in Enovix with 22,793 calls trading, 3x expected, and implied vol increasing almost 4 points to 92.72%. 3/31 weekly 15 calls and May-23 10 puts are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.58. Earnings are expected on May 4th.
Published first on TheFly
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