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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix (ENVX) with 20,669 calls trading, 9x expected, and implied vol increasing almost 7 points to 102.32%. Oct-26 7 calls and Jul-26 8 calls are the most active options, with total volume in those strikes near 13,900 contracts. The Put/Call Ratio is 0.04. Earnings are expected on April 29th.

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