Bearish flow noted in PureCycle Technologies with 1,596 puts trading, or 1.5x expected. Most active are Sep-24 4 puts and Jan-25 15 calls, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 1.97, while ATM IV is up nearly 16 points on the day. Earnings are expected on November 5th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCT:
- Largest borrow rate increases among liquid names
- PureCycle Technologies price target raised to $8 from $7 at Stifel
- PureCycle Technologies price target raised to $6 from $4 at Craig-Hallum
- PureCycle Technologies provides Q2 commercial update
- PureCycle Technologies Engages Investors with New Presentation