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Enphase Energy call volume above normal and directionally bullish

Bullish option flow detected in Enphase Energy with 24,575 calls trading, 5x expected, and implied vol increasing almost 2 points to 51.66%. 5/24 weekly 119 calls and 5/24 weekly 110 puts are the most active options, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 0.51. Earnings are expected on July 30th.

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