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Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 26,254 calls trading, 4x expected, and implied vol increasing over 3 points to 107.81%. Oct-24 15 calls and 9/27 weekly 8 calls are the most active options, with total volume in those strikes near 14,700 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 21st.

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