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Moderately bullish activity in Canopy Growth with shares up 0.84%

Moderately bullish activity in Canopy Growth (CGC), with shares up 1c, or 0.84%, near $1.20. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.09, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 7.0 points near 132.97,and below the 52wk median, suggesting an expected daily move of $0.10. Put-call skew steepened, indicating increased demand for downside protection.

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