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Wolfspeed call volume above normal and directionally bullish

Bullish option flow detected in Wolfspeed (WOLF) with 28,239 calls trading, 2x expected, and implied vol increasing over 3 points to 122.68%. Mar-25 8 calls and Feb-25 7 calls are the most active options, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 0.39. Earnings are expected on April 30th.

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