Moderately bullish activity in MicroStrategy (MSTR), with shares up $15.32, or 3.88%, near $410.45. Options volume roughly in line with average with 210k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 1.0 points near 52.93,in the bottom quartile of the past year, suggesting an expected daily move of $13.69. Put-call skew flattened, suggesting a modestly bullish tone.
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