Bullish option flow detected in Wolfspeed with 6,730 calls trading, 1.2x expected, and implied vol increasing over 1 point to 118.79%. Oct-24 9 calls and 9/27 weekly 7 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.65. Earnings are expected on November 4th.
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