Moderately bullish activity in Quantumscape (QS), with shares down 28c near $6.74. Options volume relatively light with 30k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 4.0 points near 99.92, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.42. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Quantumscape (QS) 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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