Bullish option flow detected in Iris Energy with 25,629 calls trading, 1.9x expected, and implied vol increasing almost 4 points to 99.10%. 4/4 weekly 8 calls and 4/4 weekly 6.5 calls are the most active options, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 14th.
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