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PureCycle Technologies call volume above normal and directionally bullish

Bullish option flow detected in PureCycle Technologies with 3,927 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 126.32%. Apr-23 6 calls and Jun-23 6 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.06. Earnings are expected on May 11th.

Published first on TheFly

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