Moderately bullish activity in Plug Power with shares up 11.8%

Moderately bullish activity in Plug Power (PLUG), with shares up 28c, or 11.8%, near $2.60. Options volume nearly triple the daily average with 116k contracts traded and calls leading puts for a put/call ratio of 0.08, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 9.0 points near 142.35,in the top quartile of the past year, suggesting an expected daily move of $0.23. Put-call skew steepened, indicating increased demand for downside protection.