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Bearish options flow identified in Arm Holdings PLC with shares down 3.29%

Bearish options flow identified in Arm Holdings PLC (ARM), with shares down $3.55 near $104.29. Options volume nearly triple the daily average with 183k contracts traded and puts leading calls for a put/call ratio of 1.35, compared to a typical level near 2.29. Implied volatility (IV30) is higher by 1.8 points near 58.68,and above the 52wk median, suggesting an expected daily move of $3.85. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at BofA.

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