Moderately bullish activity in PG&E (PCG), with shares up 8c, or 0.49%, near $15.24. Options volume roughly in line with average with 92k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.22. Implied volatility (IV30) is higher by 2.1 points near 40.21,in the top quartile of the past year, suggesting an expected daily move of $0.39. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG: