Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 54,675 calls trading, 9x expected, and implied vol increasing almost 6 points to 87.86%. 6/28 weekly 15 calls and 6/28 weekly 15.5 calls are the most active options, with total volume in those strikes near 20,400 contracts. The Put/Call Ratio is 0.21. Earnings are expected on July 31st.