Bullish option flow detected in Applied Optoelectronics (AAOI) with 9,388 calls trading, 4x expected, and implied vol increasing almost 10 points to 114.75%. 7/3 weekly 30 calls and Sep-25 50 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.21. Earnings are expected on August 7th.
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