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Rigetti Computing call volume above normal and directionally bullish

Bullish option flow detected in Rigetti Computing (RGTI) with 54,484 calls trading, 5x expected, and implied vol increasing over 6 points to 119.31%. 4/25 weekly 10 calls and 4/25 weekly 9.5 calls are the most active options, with total volume in those strikes near 34,100 contracts. The Put/Call Ratio is 0.55. Earnings are expected on May 8th.

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