Bullish option flow detected in Enovix with 25,466 calls trading, 1.9x expected, and implied vol increasing over 6 points to 114.73%. 10/4 weekly 10 calls and 10/4 weekly 9.5 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.27. Earnings are expected on November 5th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENVX:
- Enovix begins shipping batteries from its new Agility Line in Malaysia
- Enovix call volume above normal and directionally bullish
- Unusually active option classes on open September 13th
- Enovix CEO hinted at second smartphone agreement, says William Blair
- Enovix participates in a conference call with William Blair