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Plug Power call volume above normal and directionally bullish

Bullish option flow detected in Plug Power with 24,045 calls trading, 6x expected, and implied vol increasing over 1 point to 73.65%. Jan-23 20 calls and Dec-22 15.5 calls are the most active options, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 0.25. Earnings are expected on March 1st.

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Published first on TheFly

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