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PureCycle Technologies call volume above normal and directionally bullish

Bullish option flow detected in PureCycle Technologies (PCT) with 5,150 calls trading, 1.2x expected, and implied vol increasing over 2 points to 54.86%. May-25 8 calls and Jan-27 15 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.43. Earnings are expected on August 7th.

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