Bearish flow noted in PureCycle Technologies with 14,064 puts trading, or 4x expected. Most active are 12/22 weekly 4.5 puts and 12/29 weekly 4.5 puts, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 2 points on the day. Earnings are expected on February 29th.
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