Bullish option flow detected in Iris Energy (IREN) with 28,071 calls trading, 1.7x expected, and implied vol increasing almost 14 points to 121.56%. Jan-25 12.5 puts and Nov-24 13 calls are the most active options, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 0.33. Earnings are expected on November 26th.
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