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.
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