Bullish option flow detected in Applied Optoelectronics with 4,571 calls trading, 3x expected, and implied vol increasing almost 3 points to 110.83%. Aug-24 7.5 calls and 7/12 weekly 8 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 8th.
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