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Mixed options sentiment in Alphabet Class A with shares down 1.08%

Mixed options sentiment in Alphabet Class A (GOOGL), with shares down $1.84 near $169.03.Options volume roughly in line with average with 510k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.44 near 30.93,and above the 52wk median, suggesting an expected daily move of $3.29. Put-call skew steepened, indicating increased demand for downside protection.

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