Bullish option flow detected in Coherent (COHR) with 8,217 calls trading, 5x expected, and implied vol increasing over 3 points to 51.66%. Nov-24 115 calls and 11/8 weekly 99 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on February 5th.
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