Bullish option flow detected in PureCycle Technologies (PCT) with 2,226 calls trading, 1.2x expected, and implied vol increasing over 3 points to 108.01%. 11/1 weekly 11.5 calls and 10/25 weekly 11 puts are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.38. Earnings are expected on November 5th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCT:
- Netflix reports Q3 beat, CVS CEO Lynch steps down: Morning Buzz
- Boston Scientific downgraded, Datadog upgraded: Wall Street’s top analyst calls
- Cantor starts PureCycle with Overweight on ‘differentiated’ technology
- PureCycle Technologies initiated with an Overweight at Cantor Fitzgerald
- PureCycle price target raised to $16 from $13 at Alembic Global