Options volume is extremely heavy, with 436k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.61. Implied volatility (IV30) rose 22.46 to 117.78,below the median, suggesting an expected daily move of $5.96. Put-call skew flattened, suggesting a modestly bullish tone. following a downgrade to Underperform at DA Davidson.
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