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Mixed options sentiment in Plug Power with shares down 5.66%

Mixed options sentiment in Plug Power (PLUG), with shares down 15c near $2.50. Options volume running well above average with 86k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.25. Implied volatility (IV30) is up nearly 10.0 points near 130.98,and above the 52wk median, suggesting an expected daily move of $0.21. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 14.63% or $0.37.

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