Mixed options sentiment in Amazon (AMZN), with shares down 34c near $208.38. Options volume running well above average with 840k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.11 near 31.67,and above the 52wk median, suggesting an expected daily move of $4.16. Put-call skew steepened, indicating increased demand for downside protection.
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