Moderately bullish activity in GameStop (GME), with shares up 20c, or 0.91%, near $21.70. Options volume roughly in line with average with 119k contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 0.21. Implied volatility (IV30) is higher by 3.8 points near 61.72,and below the 52wk median, suggesting an expected daily move of $0.84. Put-call skew steepened, indicating increased demand for downside protection.
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