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Moderately bullish activity in Beyond Meat with shares up 4.81%

Moderately bullish activity in Beyond Meat (BYND), with shares up 5c, or 4.81%, near $1.09. Options volume relatively light with 33k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.35. Implied volatility (IV30) is higher by 3.8 points near 158.05,and above the 52wk median, suggesting an expected daily move of $0.11. Put-call skew steepened, indicating increased demand for downside protection.

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