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Plug Power call volume above normal and directionally bullish

Bullish option flow detected in Plug Power with 26,310 calls trading, 1.4x expected, and implied vol increasing over 1 point to 77.24%. 2/3 weekly 17 calls and 2/3 weekly 16.5 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.28. Earnings are expected on March 1st.

Published first on TheFly

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