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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix (ENVX) with 19,092 calls trading, 2x expected, and implied vol increasing over 1 point to 101.09%. 1/24 weekly 13 calls and 1/24 weekly 12.5 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 18th.

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