Options volume is relatively light, with 31k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.51. Implied volatility (IV30) rose 0.71 to 41.71,in the bottom quartile, suggesting an expected daily move of $0.97. Put-call skew flattened, suggesting a modestly bullish tone. following a upgrade to Buy at CBRE.
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