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Fermi Inc. Common Stock call volume above normal and directionally bullish

Bullish option flow detected in Fermi (FRMI) Inc. Common Stock with 75,969 calls trading, 5x expected, and implied vol increasing over 21 points to 146.26%. 4/24 weekly 7.5 calls and 4/24 weekly 8 calls are the most active options, with total volume in those strikes near 28,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 14th.

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