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Enovix call volume above normal and directionally bullish

Bullish option flow detected in Enovix with 25,466 calls trading, 1.9x expected, and implied vol increasing over 6 points to 114.73%. 10/4 weekly 10 calls and 10/4 weekly 9.5 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.27. Earnings are expected on November 5th.

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