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Moderately bullish activity in Upstart Holdings with shares down 9.53%

Moderately bullish activity in Upstart Holdings (UPST), with shares down $6.57 near $62.35. Options volume nearly triple the daily average with 243k contracts traded and calls leading puts for a put/call ratio of 0.68, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 4.7 points near 68.92,in the bottom quartile of the past year, suggesting an expected daily move of $2.71. Put-call skew flattened, suggesting a modestly bullish tone.

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