Bullish option flow detected in IONQ with 7,996 calls trading, 3x expected, and implied vol increasing almost 10 points to 98.39%. 6/30 weekly 9.5 calls and Jan-25 20 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.11. Earnings are expected on August 14th.
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Published first on TheFly
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