Rigetti Computing call volume above normal and directionally bullish

Bullish option flow detected in Rigetti Computing (RGTI) with 18,691 calls trading, 4x expected, and implied vol increasing almost 8 points to 184.93%. Dec-24 5 calls and Dec-24 6 calls are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.12. Earnings are expected on March 13th.