Bullish option flow detected in Polestar Automotive with 16,850 calls trading, 5x expected, and implied vol increasing over 24 points to 88.79%. 1/27 weekly 6.5 calls and 2/3 weekly 7 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.06. Earnings are expected on March 2nd.
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Published first on TheFly
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