Moderately bullish activity in Quantumscape (QS), with shares down 54c near $11.69. Options volume relatively light with 12k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.42. Implied volatility (IV30) is higher by 4.8 points near 90.87,and above the 52wk median, suggesting an expected daily move of $0.67. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to In Line at Evercore ISI.
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