Moderately bullish activity in UiPath (PATH), with shares up 82c, or 5.01%, near $17.30. Options volume running well above average with 202k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.14. Implied volatility (IV30) is higher by 8.1 points near 77.6,in the top quartile of the past year, suggesting an expected daily move of $0.85. Put-call skew steepened, indicating increased demand for downside protection.
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