Bullish option flow detected in Iris Energy with 22,116 calls trading, 2x expected, and implied vol increasing almost 3 points to 100.54%. 6/7 weekly 9.5 calls and 6/7 weekly 10 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on September 12th.
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