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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