Coherent call volume above normal and directionally bullish
The Fly

Coherent call volume above normal and directionally bullish

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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