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EVgo call volume above normal and directionally bullish

Bullish option flow detected in EVgo with 2,106 calls trading, 1.9x expected, and implied vol increasing over 3 points to 92.20%. Jan-23 5 calls and Feb-23 6 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 22nd.

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Published first on TheFly

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