Bullish option flow detected in Microchip (MCHP) with 8,653 calls trading, 2x expected, and implied vol increasing over 1 point to 44.84%. 9/5 weekly 65 calls and Oct-25 57.5 puts are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 10th.
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