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Moderately bullish activity in Trump Media with shares down 3.97%

Moderately bullish activity in Trump Media (DJT), with shares down 78c near $18.75. Options volume roughly in line with average with 89k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 2.8 points near 71.88,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.85. Put-call skew flattened, suggesting a modestly bullish tone.

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