Plug Power Shares Rise 8.06% to $2.01
Mixed options sentiment in Plug Power (PLUG), with shares up 15c, or 8.06%, near $2.01. Options volume roughly in line with average with 19k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.24. Implied volatility (IV30) dropped 9.48 near 100.76,in the bottom quartile of the past year, suggesting an expected daily move of $0.13. Put-call skew steepened, indicating increased demand for downside protection.