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PureCycle Technologies call volume above normal and directionally bullish

Bullish option flow detected in PureCycle Technologies with 2,284 calls trading, 1.3x expected, and implied vol increasing over 4 points to 140.45%. May-23 5 calls and Mar-23 6 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.19. Earnings are expected on March 8th.

Published first on TheFly

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