Bearish flow noted in PureCycle Technologies with 2,231 puts trading, or 4x expected. Most active are May-24 2 puts and 5/10 weekly 6 calls, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 7.51, while ATM IV is up over 1 point on the day. Earnings are expected on May 6th.
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