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Rigetti Computing call volume above normal and directionally bullish

Bullish option flow detected in Rigetti Computing (RGTI) with 193,638 calls trading, 5x expected, and implied vol increasing almost 15 points to 109.64%. 6/13 weekly 12.5 calls and 6/13 weekly 14 calls are the most active options, with total volume in those strikes near 30,200 contracts. The Put/Call Ratio is 0.24. Earnings are expected on August 7th.

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