Bearish flow noted in PureCycle Technologies with 1,466 puts trading, or 1.3x expected. Most active are Aug-24 5 puts and Aug-24 4.5 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.59, while ATM IV is up over 17 points on the day. Earnings are expected on May 6th.
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