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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 (ENVX) with 39,422 calls trading, 6x expected, and implied vol increasing over 7 points to 89.59%. Dec-24 9 calls and Jan-25 9 calls are the most active options, with total volume in those strikes near 14,700 contracts. The Put/Call Ratio is 0.34. Earnings are expected on February 18th.

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