Moderately bullish activity in Wolfspeed (WOLF), with shares up 2c, or 1.63%, near $1.55. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.98. Implied volatility (IV30) dropped 23.41 near 179.5,and above the 52wk median, suggesting an expected daily move of $0.18. Put-call skew flattened, suggesting a modestly bullish tone.
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