Spotlight on Enovix: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Enovix.

Looking at options history for Enovix ENVX we detected 48 trades.

If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 31% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $137,200 and 45, calls, for a total amount of $2,544,919.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2.5 to $34.0 for Enovix over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Enovix stands at 7693.46, with a total volume reaching 19,893.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Enovix, situated within the strike price corridor from $2.5 to $34.0, throughout the last 30 days.

Enovix 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ENVX CALL TRADE BULLISH 01/16/26 $13.0 $12.15 $13.0 $3.00 $260.0K 2.1K 400
ENVX CALL SWEEP BEARISH 04/17/25 $5.1 $5.0 $5.0 $12.00 $250.0K 3.2K 566
ENVX CALL SWEEP BEARISH 02/21/25 $3.15 $2.33 $2.33 $14.00 $163.1K 999 702
ENVX CALL TRADE NEUTRAL 01/16/26 $12.95 $12.45 $12.72 $3.00 $127.2K 2.1K 500
ENVX CALL SWEEP BULLISH 01/16/26 $5.95 $5.55 $5.85 $17.00 $92.6K 25.7K 402

About Enovix

Enovix Corp is engaged in the business of advanced silicon-anode lithium-ion battery development and production. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable the widespread utilization of renewable energy.

After a thorough review of the options trading surrounding Enovix, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Enovix

  • With a volume of 12,974,944, the price of ENVX is up 22.08% at $15.21.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 42 days.

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