Moderately bullish activity in Wolfspeed (WOLF), with shares up $1.18, or 6.62%, near $18.91. Options volume relatively light with 965 contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 69.95. Implied volatility (IV30) is higher by 3.1 points near 108.56,and below the 52wk median, suggesting an expected daily move of $1.29. Put-call skew flattened, suggesting a modestly bullish tone.
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