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Mixed options sentiment in Alphabet Class A with shares down 2.89%

Mixed options sentiment in Alphabet Class A (GOOGL), with shares down $9.57 near $321.68. Options volume more than double the daily average with 384k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.57. Implied volatility (IV30) dropped 2.91 near 32.84,and above the 52wk median, suggesting an expected daily move of $6.65. Put-call skew steepened, indicating increased demand for downside protection.

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