Option traders moderately bearish in Tradr 2X Long CLSK Daily ETF (CLSK), with shares down 61c near $14.49. Options volume running well above average with 84k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.3. Implied volatility (IV30) is higher by 1.1 points near 97.89,and above the 52wk median, suggesting an expected daily move of $0.89. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Overweight at JPMorgan.
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