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Moderately bullish activity in Oscar Health with shares up 7.4%

Moderately bullish activity in Oscar Health (OSCR), with shares up $1.31, or 7.4%, near $19.09. Options volume running well above average with 87k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 5.1 points near 82.05,and above the 52wk median, suggesting an expected daily move of $0.99. Put-call skew steepened, indicating increased demand for downside protection.

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