Bullish option flow detected in Iris Energy with 49,427 calls trading, 1.6x expected, and implied vol increasing over 5 points to 102.83%. 12/12 weekly 56 calls and Jan-26 45 calls are the most active options, with total volume in those strikes near 17,000 contracts. The Put/Call Ratio is 0.17. Earnings are expected on February 11th.
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