Bullish flow in Poet Technologies (POET), with shares up $2.81, or 23.93%, near $14.54. Options volume extremely heavy with 129k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.17. Implied volatility (IV30) is higher by 8.5 points near 138.8, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.27. Put-call skew flattened, suggesting a modestly bullish tone.
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