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Moderately bullish activity in PG&E with shares up 0.97%

Moderately bullish activity in PG&E (PCG), with shares up 16c, or 0.97%, near $16.05. Options volume roughly in line with average with 38k contracts traded and calls leading puts for a put/call ratio of 0.02, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 2.1 points near 38.21,and above the 52wk median, suggesting an expected daily move of $0.39. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: PG&E (PCG) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

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