Moderately bullish activity in Wolfspeed (WOLF), with shares up 4c, or 2.33%, near $1.53. Options volume relatively light with 43k contracts traded and puts leading calls for a put/call ratio of 1.74, compared to a typical level near 0.95. Implied volatility (IV30) is higher by 1.7 points near 185.12,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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