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Iris Energy call volume above normal and directionally bullish

Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy with 49,526 calls trading, 1.2x expected, and implied vol increasing over 1 point to 116.69%. Apr-25 10 calls and Jan-26 25 calls are the most active options, with total volume in those strikes near 16,800 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 14th.

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