Moderately bullish activity in Lyft (LYFT), with shares up 9c, or 0.41%, near $22.10. Options volume relatively light with 9432 contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 1.4 points near 55.26,and below the 52wk median, suggesting an expected daily move of $0.77. Put-call skew steepened, indicating increased demand for downside protection.
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