Moderately bullish activity in GameStop (GME), with shares up 6c, or 0.24%, near $27.27. Options volume relatively light with 128k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.28. Implied volatility (IV30) is higher by 0.9 points near 55.6,in the bottom quartile of the past year, suggesting an expected daily move of $0.96. Put-call skew steepened, indicating increased demand for downside protection.
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