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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