Mixed options sentiment in Adobe (ADBE), with shares down $6.71 near $303.22. Options volume roughly in line with average with 43k contracts traded and puts leading calls for a put/call ratio of 1.01, compared to a typical level near 2.37. Implied volatility (IV30) dropped 0.09 near 30.39,and below the 52wk median, suggesting an expected daily move of $5.80. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Market Perform at BMO Capital.
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