Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 45,006 calls trading, 2x expected, and implied vol increasing almost 4 points to 129.92%. Nov-24 10 calls and May-25 11 puts are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.18. Earnings are expected on November 21st.