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Enovix call volume above normal and directionally bullish

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.

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