Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 26,479 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 117.66%. 9/13 weekly 6.5 calls and Mar-25 15 calls are the most active options, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 0.04. Earnings are expected on November 21st.

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