Mixed options sentiment in Alphabet (GOOG), with shares down $5.14 near $381.62. Options volume relatively light with 123k contracts traded and calls leading puts for a put/call ratio of 0.68, compared to a typical level near 0.59. Implied volatility (IV30) dropped 0.24 near 30.67,and below the 52wk median, suggesting an expected daily move of $7.37. Put-call skew steepened, indicating increased demand for downside protection.
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