Bullish option flow detected in Applied Optoelectronics with 3,779 calls trading, 3x expected, and implied vol increasing almost 9 points to 109.17%. Feb-24 22.5 calls and Mar-24 20 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.25. Earnings are expected on February 22nd.
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