Fervo Energy (FRVO) spreader of 5K contracts of October 15 and January 20 calls trade
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Fervo Energy (NASDAQ: FRVO) 30-day option implied volatility is at 93; compared to its 52-week of 87 to 133 with a focus on a spreader of 5K contracts of October 15 and January 20 calls as share price down 6.6%.
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