Moderately bullish activity in Plug Power (PLUG), with shares up 4c, or 1.58%, near $2.25. Options volume relatively light with 23k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.21. Implied volatility (IV30) is higher by 2.0 points near 103.57,and below the 52wk median, suggesting an expected daily move of $0.15. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
