Bullish option flow detected in Iris Energy with 34,705 calls trading, 2x expected, and implied vol increasing over 8 points to 93.12%. May-25 8.5 calls and May-25 10.5 calls are the most active options, with total volume in those strikes near 12,500 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 27th.
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