Bullish option flow detected in Coherent (COHR) with 2,855 calls trading, 1.7x expected, and implied vol increasing over 3 points to 68.60%. Sep-26 250 calls and Jan-26 200 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 4th.
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