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MP Materials call volume above normal and directionally bullish

Bullish option flow detected in MP Materials (MP) with 12,144 calls trading, 6x expected, and implied vol increasing almost 8 points to 61.52%. Jan-25 22.5 calls and Jun-25 25 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 27th.

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