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Rigetti Computing call volume above normal and directionally bullish

Bullish option flow detected in Rigetti Computing (RGTI) with 54,218 calls trading, 3x expected, and implied vol increasing almost 2 points to 103.23%. May-25 11.5 calls and May-25 11 calls are the most active options, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 0.21. Earnings are expected on August 7th.

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