Bullish flow in MicroStrategy (MSTR), with shares up $29.02, or 7.78%, near $402.32. Options volume running well above average with 932k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 2.2 points near 54.15,in the lowest 10% of observations over the past year, suggesting an expected daily move of $13.72. Put-call skew flattened, suggesting a modestly bullish tone.
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