Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 49,526 calls trading, 1.2x expected, and implied vol increasing over 1 point to 116.69%. Apr-25 10 calls and Jan-26 25 calls are the most active options, with total volume in those strikes near 16,800 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 14th.

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