Bullish option flow detected in Wolfspeed (WOLF) with 5,931 calls trading, 1.6x expected, and implied vol increasing almost 3 points to 96.72%. 11/8 weekly 9 calls and Nov-24 9 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.26. Earnings are expected on January 29th.
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