Bullish option flow detected in Wolfspeed (WOLF) with 16,414 calls trading, 3x expected, and implied vol increasing over 2 points to 135.11%. 1/10 weekly 8 calls and Feb-25 10 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.22. Earnings are expected on January 29th.
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