Bullish option flow detected in Iris Energy with 34,824 calls trading, 1.7x expected, and implied vol increasing over 12 points to 113.22%. 4/11 weekly 6 calls and 4/4 weekly 6.5 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.36. Earnings are expected on May 14th.
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