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Rigetti Computing call volume above normal and directionally bullish

Bullish option flow detected in Rigetti Computing (RGTI) with 63,221 calls trading, 1.3x expected, and implied vol increasing almost 4 points to 86.39%. 7/3 weekly 12 calls and 7/3 weekly 11.5 calls are the most active options, with total volume in those strikes near 14,600 contracts. The Put/Call Ratio is 0.25. Earnings are expected on August 7th.

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