Moderately bullish activity in UiPath (PATH), with shares up 84c, or 6.91%, near $12.91. Options volume roughly in line with average with 90k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.41. Implied volatility (IV30) dropped 6.11 near 70.79,in the top quartile of the past year, suggesting an expected daily move of $0.58. Put-call skew flattened, suggesting a modestly bullish tone.
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