Moderately bullish activity in Applied Digital Corp (APLD), with shares up 66c, or 1.93%, near $35.09. Options volume relatively light with 50k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 1.1 points near 122.92,and above the 52wk median, suggesting an expected daily move of $2.72. Put-call skew steepened, indicating increased demand for downside protection.
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