Mixed options sentiment in Altimeter Growth (GRAB), with shares down 15c near $6.10. Options volume roughly in line with average with 81k contracts traded and calls leading puts for a put/call ratio of 0.08, compared to a typical level near 0.14. Implied volatility (IV30) dropped 1.47 near 50.4,and above the 52wk median, suggesting an expected daily move of $0.19. Put-call skew steepened, indicating increased demand for downside protection.
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