Mixed options sentiment in PG&E with shares up 0.23%

Mixed options sentiment in PG&E (PCG), with shares up 4c, or 0.23%, near $15.09. Options volume relatively light with 26k contracts traded and puts leading calls for a put/call ratio of 1.66, compared to a typical level near 0.29. Implied volatility (IV30) is higher by 0.6 points near 58.95, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.56. Put-call skew steepened, indicating increased demand for downside protection.