Moderately bullish activity in BigBearai Holdings (BBAI), with shares up 14c, or 2.64%, near $5.64. Options volume relatively light with 55k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 2.5 points near 96.63,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.34. Put-call skew steepened, indicating increased demand for downside protection.
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