Bullish option flow detected in Iris Energy (IREN) with 53,154 calls trading, 4x expected, and implied vol increasing almost 5 points to 128.32%. Dec-24 25 calls and Jan-25 15 calls are the most active options, with total volume in those strikes near 41,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on November 26th.
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