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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix (ENVX) with 30,199 calls trading, 3x expected, and implied vol increasing over 2 points to 107.62%. Jan-26 22 calls and 10/10 weekly 9 puts are the most active options, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 0.29. Earnings are expected on October 28th.

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