Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 21,500 calls trading, 1.1x expected, and implied vol increasing over 2 points to 108.83%. 9/27 weekly 9 calls and 9/27 weekly 8.5 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.07. Earnings are expected on November 21st.