Mixed options sentiment in Adobe (ADBE), with shares up $1.79, or 0.69%, near $262.24. Options volume roughly in line with average with 65k contracts traded and puts leading calls for a put/call ratio of 2.49, compared to a typical level near 1.81. Implied volatility (IV30) dropped 1.44 near 51.57, in the highest 10% of observations over the past year, suggesting an expected daily move of $8.52. Put-call skew flattened, suggesting a modestly bullish tone.
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