Moderately bullish activity in Fortress Investment Group LLC with shares up 6.55%

Moderately bullish activity in Fortress Investment Group LLC (FIG), with shares up $5.18, or 6.55%, near $84.26. Options volume roughly in line with average with 58k contracts traded and puts leading calls for a put/call ratio of 1.62, compared to a typical level near 1.55. Implied volatility (IV30) is higher by 3.0 points near 122.58,in the bottom quartile of the past year, suggesting an expected daily move of $6.51. Put-call skew flattened, suggesting a modestly bullish tone.