Moderately bullish activity in Quantumscape with shares up 11.71%

Moderately bullish activity in Quantumscape (QS), with shares up $1.68, or 11.71%, near $15.97. Options volume running well above average with 271k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.28. Implied volatility (IV30) is higher by 5.1 points near 128.26, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.29. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Quantumscape (QS) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.