Bullish option flow detected in Wolfspeed with 6,991 calls trading, 3x expected, and implied vol increasing almost 2 points to 101.79%. 1/26 weekly 32 calls and 1/26 weekly 35 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.28. Earnings are expected on January 31st.
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