Bullish option flow detected in Iris Energy with 30,276 calls trading, 1.0x expected, and implied vol increasing over 2 points to 95.94%. 4/25 weekly 6.5 calls and 5/9 weekly 7.5 calls are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 14th.
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