Mixed options sentiment in Amazon (AMZN), with shares up 81c, or 0.35%, near $231.79. Options volume running well above average with 438k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.39 near 23.18,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.38. Put-call skew steepened, indicating increased demand for downside protection.
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