Bullish option flow detected in Coherent (COHR) with 8,195 calls trading, 7x expected, and implied vol increasing over 3 points to 82.63%. May-25 75 calls and Jun-25 75 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.17. Earnings are expected on May 7th.
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