No I do go back and read! I saw that. I have it in my head to Look.
Origin Materials Inc (Class A Stock) call volume above normal and directionally bullish 14:05
ORGN Bullish option flow detected in Origin Materials Inc (Class A Stock) with 5,069 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 73.05%. Aug-21 7.5 calls and Aug-21 10 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.32.
It's a SPAC
Origin Materials, Packaging Matters enter deal to develop packaging solutions 04/12
ORGN,AACQ
Origin Materials and Packaging Matters announced an agreement to develop advanced packaging solutions, including a next-generation polymer, polyethylene furanoate, or PEF. Packaging Matters had previously entered into a supply agreement to purchase sustainable carbon-negative PET from Origin Materials
to create next-generation packaging. In the initial phase of the partnership, Origin Materials will supply sustainable carbon-negative PET to Packaging Matters. As the companies make progress on developing suitable PEF applications, some or potentially all of the supply will transition to sustainable PEF with an expected carbon-negative footprint. Origin Materials' sustainable carbon-negative PET is physically and chemically identical to petroleum-based PET, making it equally recyclable within the existing recycling infrastructure with no disruption to recycling streams or special sorting or collection requirements. Packaging Matters intends to use the sustainable carbon-negative PET from Origin Materials in its facility in Visalia, California to manufacture packaging products for its fresh fruits, vegetables, and salads customers. On February 17, Origin Materials and Artius Acquisition (AACQ) announced a definitive agreement for a business combination that will result in Origin Materials becoming a public company. Upon closing of the transaction, expected in Q2, the combined company will be named Origin Materials and remain listed on the Nasdaq under the new ticker symbol
(ORGN).