Bullish option flow detected in Iris Energy with 8,120 calls trading, 1.4x expected, and implied vol increasing almost 4 points to 143.49%. Apr-24 5.5 calls and Nov-24 7.5 puts are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.34. Earnings are expected on May 9th.
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