Bullish option flow detected in Cerence (CRNC) with 8,054 calls trading, 1.5x expected, and implied vol increasing over 1 point to 128.18%. Jan-25 15 calls and Feb-25 27 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.26. Earnings are expected on February 4th.
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