Bearish flow noted in PureCycle Technologies (PCT) with 4,902 puts trading, or 1.5x expected. Most active are Jan-26 7 puts and Dec-25 7 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 1.90, while ATM IV is up over 2 points on the day. Earnings are expected on February 26th.
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