Bullish option flow detected in Iris Energy with 7,959 calls trading, 4x expected, and implied vol increasing over 3 points to 142.14%. Apr-24 10 calls and 3/22 weekly 6 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 9th.
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