Bullish option flow detected in Iris Energy with 71,312 calls trading, 2x expected, and implied vol increasing over 3 points to 98.02%. Sep-25 20 calls and 8/8 weekly 18 calls are the most active options, with total volume in those strikes near 22,000 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 27th.
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