Mixed options sentiment in Plug Power (PLUG), with shares down 19c near $3.86. Options volume roughly in line with average with 229k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.18. Implied volatility (IV30) dropped 7.2 near 148.54, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.36. Put-call skew steepened, indicating increased demand for downside protection.
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