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Mixed options sentiment in PG&E with shares up 1.7%

Mixed options sentiment in PG&E (PCG), with shares up 26c, or 1.7%, near $15.89. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.07, compared to a typical level near 0.27. Implied volatility (IV30) dropped 0.64 near 36.98,and above the 52wk median, suggesting an expected daily move of $0.37. Put-call skew flattened, suggesting a modestly bullish tone.

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