Bullish option flow detected in Enovix (ENVX) with 17,406 calls trading, 4x expected, and implied vol increasing almost 13 points to 81.36%. Aug-25 10 calls and May-25 7.5 puts are the most active options, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 0.16. Earnings are expected on July 30th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENVX:
- Largest borrow rate increases among liquid names
- Enovix Earnings Call: Strategic Wins Amid Financial Challenges
- Enovix price target lowered to $12 from $18 at Craig-Hallum
- Enovix price target lowered to $7 from $10 at TD Cowen
- Enovix’s Breakthrough in Energy Density and Strategic Expansion Positions It as a Compelling Buy
