Mixed options sentiment in PG&E (PCG), with shares down 18c near $15.12. Options volume roughly in line with average with 33k contracts traded and puts leading calls for a put/call ratio of 2.55, compared to a typical level near 0.25. Implied volatility (IV30) dropped 3.26 near 41.21,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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