Bullish option flow detected in Enovix (ENVX) with 18,431 calls trading, 7x expected, and implied vol increasing almost 14 points to 96.26%. 9/5 weekly 12 calls and Sep-25 12 calls are the most active options, with total volume in those strikes near 16,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on October 28th.
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