Redwire Shares Rise 7.06% to $23.59
Moderately bullish activity in Redwire (RDW), with shares up $1.55, or 7.06%, near $23.59. Options volume more than double the daily average with 111k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.34. Implied volatility (IV30) is higher by 4.8 points near 160.08, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.38. Put-call skew steepened, indicating increased demand for downside protection.