Mixed options sentiment in PG&E with shares up 3.57%

Mixed options sentiment in PG&E (PCG), with shares up 52c, or 3.57%, near $14.96. Options volume roughly in line with average with 86k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.41. Implied volatility (IV30) dropped 2.28 near 33.79,and above the 52wk median, suggesting an expected daily move of $0.32. Put-call skew steepened, indicating increased demand for downside protection.