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Enphase Energy call volume above normal and directionally bullish

Bullish option flow detected in Enphase Energy with 12,474 calls trading, 3x expected, and implied vol increasing over 1 point to 69.56%. Apr-23 220 calls and Apr-23 230 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.61. Earnings are expected on April 25th.

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Published first on TheFly

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