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Mixed options sentiment in Adobe with shares down 0.2%

Mixed options sentiment in Adobe (ADBE), with shares down 76c near $372.62. Options volume roughly in line with average with 27k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 1.09. Implied volatility (IV30) is higher by 1.5 points near 26.16,in the bottom quartile of the past year, suggesting an expected daily move of $6.14. Put-call skew flattened, suggesting a modestly bullish tone.

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