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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix (ENVX) with 14,406 calls trading, 1.3x expected, and implied vol increasing over 8 points to 84.18%. 1/9 weekly 8 calls and 1/9 weekly 8.5 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 18th.

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