Coherent call volume above normal and directionally bullish

Bullish option flow detected in Coherent (COHR) with 9,329 calls trading, 3x expected, and implied vol increasing over 4 points to 72.78%. Apr-25 80 calls and Apr-25 125 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.33. Earnings are expected on May 6th.

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