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 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.

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