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MP Materials call volume above normal and directionally bullish
The Fly

MP Materials call volume above normal and directionally bullish

Bullish option flow detected in MP Materials with 3,151 calls trading, 1.6x expected, and implied vol increasing over 2 points to 44.61%. Nov-23 25 calls and Oct-23 22.5 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 2nd.

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