Bullish flow in PG&E (PCG), with shares up 94c, or 6.69%, near $15.06. Options volume running well above average with 174k contracts traded and calls leading puts for a put/call ratio of 0.07, compared to a typical level near 0.23. Implied volatility (IV30) is higher by 4.3 points near 41.47,in the top quartile of the past year, suggesting an expected daily move of $0.39. Put-call skew flattened, suggesting a modestly bullish tone.
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