Bullish option flow detected in Coherent with 2,643 calls trading, 1.1x expected, and implied vol increasing over 1 point to 52.36%. Jan-24 55 calls and Jul-23 55 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.29. Earnings are expected on August 23rd.
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