Bullish option flow detected in Cerence (CRNC) with 3,364 calls trading, 1.4x expected, and implied vol increasing almost 4 points to 128.82%. Feb-25 27 calls and Jan-25 14 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.53. Earnings are expected on February 4th.
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