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Enphase Energy call volume above normal and directionally bullish

Bullish option flow detected in Enphase Energy (ENPH) with 12,637 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 74.20%. Mar-25 70 puts and Jan-25 80 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.61. Earnings are expected on February 4th.

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