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EVgo call volume above normal and directionally bullish

Bullish option flow detected in EVgo with 4,078 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 100.77%. Feb-23 7 calls and Mar-23 9 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.44. Earnings are expected on March 22nd.

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Published first on TheFly

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