Moderately bullish activity in Applied Digital Corp (APLD), with shares up 43c, or 4.41%, near $10.19. Options volume relatively light with 44k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 1.7 points near 108.98,in the bottom quartile of the past year, suggesting an expected daily move of $0.70. Put-call skew steepened, indicating increased demand for downside protection.
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