Bullish option flow detected in Enovix (ENVX) with 29,411 calls trading, 13x expected, and implied vol increasing over 1 point to 89.90%. 3/13 weekly 5.5 calls and Jul-26 6 calls are the most active options, with total volume in those strikes near 29,000 contracts. The Put/Call Ratio is 0.00. Earnings are expected on April 29th.
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Read More on ENVX:
- Unusually active option classes on open March 11th
- Enovix price target lowered to $10 from $17 at B. Riley
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- Enovix price target lowered to $10 from $16 at Craig-Hallum
