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Enovix call volume above normal and directionally bullish
The Fly

Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 10,056 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 89.20%. Jan-25 22.5 calls and 10/4 weekly 8 puts are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.42. Earnings are expected on November 5th.

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