Check Out What Whales Are Doing With PCT

A financial giant has made a conspicuous bearish move on PureCycle Technologies. Our analysis of options history for PureCycle Technologies PCT revealed 12 unusual trades. Delving into the details, we found 41% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $721,559, and 3 were calls, valued at $240,189.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $4.0 to $6.0 for PureCycle Technologies during the past quarter.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for PureCycle Technologies options trades today is 1983.25 with a total volume of 19,067.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for PureCycle Technologies's big money trades within a strike price range of $4.0 to $6.0 over the last 30 days.

PureCycle Technologies Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Current Position of PureCycle Technologies

• Trading volume stands at 3,682,661, with PCT's price down -3.21%, positioned at $4.22. RSI indicators show the stock to be may be approaching oversold. Earnings announcement expected in 0 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PureCycle Technologies options trades with real-time alerts from Benzinga Pro.