Bullish option flow detected in Coherent (COHR) with 7,739 calls trading, 3x expected, and implied vol increasing over 4 points to 85.95%. Jun-26 250 calls and Jun-26 260 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.24. Earnings are expected on May 6th.
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