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MP Materials call volume above normal and directionally bullish

Bullish option flow detected in MP Materials (MP) with 10,519 calls trading, 10x expected, and implied vol increasing almost 2 points to 81.74%. May-25 27 calls and Apr-25 30 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.10. Earnings are expected on May 8th.

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