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Iris Energy call volume above normal and directionally bullish
The Fly

Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 26,254 calls trading, 4x expected, and implied vol increasing over 3 points to 107.81%. Oct-24 15 calls and 9/27 weekly 8 calls are the most active options, with total volume in those strikes near 14,700 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 21st.

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