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PureCycle Technologies put volume heavy and directionally bearish
The Fly

PureCycle Technologies put volume heavy and directionally bearish

Bearish flow noted in PureCycle Technologies (PCT) with 1,641 puts trading, or 2x expected. Most active are 11/8 weekly 12 puts and Jan-25 10 calls, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 3 points on the day. Earnings are expected on November 6th.

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