Bullish option flow detected in Iris Energy with 4,984 calls trading, 4x expected, and implied vol increasing over 11 points to 120.98%. Jan-24 7.5 calls and May-24 7.5 puts are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.22. Earnings are expected on February 14th.
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