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Iris Energy call volume above normal and directionally bullish
The Fly

Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 7,502 calls trading, 1.5x expected, and implied vol increasing over 2 points to 137.12%. Mar-24 7 calls and Aug-24 10 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 9th.

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