Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 40,342 calls trading, 3x expected, and implied vol increasing almost 4 points to 98.78%. Jan-25 20 calls and 6/14 weekly 13.5 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.34. Earnings are expected on July 31st.