Bullish option flow detected in Microchip with 7,067 calls trading, 3x expected, and implied vol increasing almost 2 points to 43.72%. Sep-24 82.5 calls and Sep-24 85 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.09. Earnings are expected on October 31st.
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