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Bullish flow in Plug Power with shares up 5.96%

Bullish flow in Plug Power (PLUG), with shares up 9c, or 5.96%, near $1.60. Options volume roughly in line with average with 84k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.35. Implied volatility (IV30) is higher by 4.5 points near 120.64,and above the 52wk median, suggesting an expected daily move of $0.12. Put-call skew flattened, suggesting a modestly bullish tone.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 19.62% or $0.31.

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