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Moderately bullish activity in GameStop with shares up 0.37%

Moderately bullish activity in GameStop (GME), with shares up 8c, or 0.37%, near $23.02. Options volume roughly in line with average with 89k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.21. Implied volatility (IV30) dropped 2.45 near 58.61,in the bottom quartile of the past year, suggesting an expected daily move of $0.85. Put-call skew flattened, suggesting a modestly bullish tone.

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