Bullish option flow detected in Enovix (ENVX) with 38,034 calls trading, 4x expected, and implied vol increasing over 7 points to 91.97%. 1/9 weekly 9 calls and 1/9 weekly 10 calls are the most active options, with total volume in those strikes near 22,800 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 18th.
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