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Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 102,189 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 135.03%. Oct-25 81 calls and Jan-26 20 calls are the most active options, with total volume in those strikes near 26,000 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 25th.

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