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Plug Power call volume above normal and directionally bullish

Bullish option flow detected in Plug Power with 25,583 calls trading, 1.6x expected, and implied vol increasing over 1 point to 78.77%. 3/3 weekly 15.5 calls and Mar-23 12 puts are the most active options, with total volume in those strikes near 13,400 contracts. The Put/Call Ratio is 0.42. Earnings are expected on March 1st.

Published first on TheFly

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