Bullish option flow detected in Wolfspeed with 1,945 calls trading, 1.0x expected, and implied vol increasing almost 4 points to 69.95%. 1/5 weekly 47 calls and 1/5 weekly 45 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.27. Earnings are expected on January 24th.
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