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Plug Power call volume above normal and directionally bullish

Bullish option flow detected in Plug Power with 34,740 calls trading, 1.2x expected, and implied vol increasing over 3 points to 78.89%. Nov-22 17 calls and Dec-22 22.5 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.46. Earnings are expected on March 1st.

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Published first on TheFly

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