Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 28,009 calls trading, 4x expected, and implied vol increasing almost 6 points to 126.88%. Nov-24 15 calls and Oct-24 8.5 calls are the most active options, with total volume in those strikes near 17,300 contracts. The Put/Call Ratio is 0.05. Earnings are expected on November 21st.

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