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Coherent call volume above normal and directionally bullish

Bullish option flow detected in Coherent (COHR) with 2,740 calls trading, 1.2x expected, and implied vol increasing over 1 point to 71.57%. Feb-25 100 calls and Feb-25 105 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.17. Earnings are expected on February 5th.

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