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Enphase Energy call volume above normal and directionally bullish

Bullish option flow detected in Enphase Energy (ENPH) with 6,106 calls trading, 1.2x expected, and implied vol increasing almost 3 points to 96.25%. May-25 60 calls and Jun-25 65 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.61. Earnings are expected on April 22nd.

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