Moderately bullish activity in Plug Power (PLUG), with shares up 6c, or 4.29%, near $1.46. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.14, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 3.1 points near 125.27,and above the 52wk median, suggesting an expected daily move of $0.12. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Plug Power (PLUG) will report earnings after the close on 2025-08-07.Option markets are pricing in a 50% probability of a move greater than -5.03% or $-0.07.
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