Bullish option flow detected in Fermi (FRMI) Inc. Common Stock with 13,841 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 125.43%. 5/8 weekly 6 calls and Aug-26 6 calls are the most active options, with total volume in those strikes near 11,900 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 14th.
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