Moderately bullish activity in Plug Power (PLUG), with shares up 12c, or 6.51%, near $2.04. Options volume roughly in line with average with 39k contracts traded and calls leading puts for a put/call ratio of 0.06, compared to a typical level near 0.23. Implied volatility (IV30) is up nearly 11.0 points near 102.55,in the bottom quartile of the past year, suggesting an expected daily move of $0.13. Put-call skew steepened, indicating increased demand for downside protection.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
- Plug Power begins first NASA liquid hydrogen contract
- Moderately bullish activity in Plug Power with shares up 1.01%
- Plug Power: Strategic Positioning and Growth Potential Drive Buy Rating
- Plug Power Completes $431.25M Convertible Notes Offering
- Plug Power to ask holders to increase authorized common stock to 3B from 1.5B
