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indie Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in indie Semiconductor (INDI) with 24,402 calls trading, 6x expected, and implied vol increasing over 12 points to 103.63%. Nov-26 7.5 calls and Jan-28 10 calls are the most active options, with total volume in those strikes near 14,900 contracts. The Put/Call Ratio is 0.01. Earnings are expected on August 6th.

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