Bullish option flow detected in Coherent with 6,207 calls trading, 4x expected, and implied vol increasing over 14 points to 54.39%. 6/7 weekly 80 calls and 6/7 weekly 65 puts are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.38. Earnings are expected on August 13th.
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