Bullish option flow detected in Fermi (FRMI) Inc. Common Stock with 94,018 calls trading, 19x expected, and implied vol increasing over 11 points to 142.49%. Jun-26 7 calls and 5/1 weekly 7 calls are the most active options, with total volume in those strikes near 79,400 contracts. The Put/Call Ratio is 0.01. Earnings are expected on May 14th.
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