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Plug Power call volume above normal and directionally bullish

Bullish option flow detected in Plug Power with 19,107 calls trading, 1.3x expected, and implied vol increasing almost 6 points to 79.61%. Jun-23 17.5 calls and Mar-23 13 calls are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.43. Earnings are expected on May 8th.

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Published first on TheFly

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