Bullish option flow detected in Iris Energy with 11,131 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 142.38%. Aug-24 10 calls and Nov-24 10 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 9th.
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