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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix (ENVX) with 9,251 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 80.51%. Jan-26 11 calls and 1/23 weekly 10 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 18th.

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