Bullish option flow detected in Enovix (ENVX) with 8,704 calls trading, 1.2x expected, and implied vol increasing almost 12 points to 74.32%. 9/5 weekly 10.5 calls and 8/22 weekly 10.5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.54. Earnings are expected on October 28th.
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