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Enovix call volume above normal and directionally bullish

Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix (ENVX) with 8,325 calls trading, 1.2x expected, and implied vol increasing over 3 points to 81.33%. Apr-25 12 calls and 3/28 weekly 9 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on April 30th.

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