Mixed options sentiment in Affirm Holdings (AFRM), with shares down 56c near $89.84. Options volume relatively light with 32k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.6. Implied volatility (IV30) dropped 0.82 near 55.62,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.15. Put-call skew steepened, indicating increased demand for downside protection.
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