Moderately bullish activity in Grab Holdings Ltd (GRAB), with shares up 4c, or 0.77%, near $5.92. Options volume relatively light with 26k contracts traded and calls leading puts for a put/call ratio of 0.06, compared to a typical level near 0.15. Implied volatility (IV30) is higher by 4.2 points near 48.92,and below the 52wk median, suggesting an expected daily move of $0.18. Put-call skew steepened, indicating increased demand for downside protection.
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