Moderately bullish activity in Lyft with shares up 0.18%

Moderately bullish activity in Lyft (LYFT), with shares up 4c, or 0.18%, near $21.86. Options volume relatively light with 27k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 2.1 points near 58.33,and above the 52wk median, suggesting an expected daily move of $0.80. Put-call skew steepened, indicating increased demand for downside protection.