QuantumScape Corporation's stock surged 10.63% during intraday trading on Thursday, reflecting a significant upward movement.
The sharp rise appears to be driven by heightened bullish sentiment in the options market. Unusual trading activity was detected with call volume reaching 74,913 contracts, approximately 1.4 times the expected level. Concurrently, the implied volatility for QuantumScape options jumped over 7 percentage points to 91.48%, indicating increased market expectations for future price swings and strong investor interest in betting on further gains.
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