Moderately bullish activity in GameStop (GME), with shares up 36c, or 1.63%, near $22.46. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.2. Implied volatility (IV30) is higher by 0.0 points near 51.78,and below the 52wk median, suggesting an expected daily move of $0.73. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: GameStop (GME) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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