Bearish flow noted in PureCycle Technologies with 1,910 puts trading, or 1.8x expected. Most active are May-24 3 puts and May-24 2 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 4.45, while ATM IV is up over 1 point on the day. Earnings are expected on May 9th.
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