Bullish option flow detected in Enovix (ENVX) with 11,645 calls trading, 1.7x expected, and implied vol increasing over 12 points to 83.43%. 9/5 weekly 12 calls and 8/29 weekly 11 calls are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.15. Earnings are expected on October 28th.
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