Bearish flow noted in Enovix with 28,474 puts trading, or 13x expected. Most active are Oct-23 10 puts and Oct-23 22.5 calls, with total volume in those strikes near 28,400 contracts. The Put/Call Ratio is 2.70, while ATM IV is up over 2 points on the day. Earnings are expected on July 26th.
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