Bullish option flow detected in Iris Energy with 34,623 calls trading, 1.3x expected, and implied vol increasing over 5 points to 102.75%. Sep-25 20 calls and Aug-25 19 calls are the most active options, with total volume in those strikes near 15,400 contracts. The Put/Call Ratio is 0.18. Earnings are expected on August 28th.
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