Mixed options sentiment in Amazon (AMZN), with shares up $2.02, or 0.86%, near $237.86. Options volume relatively light with 250k contracts traded and calls leading puts for a put/call ratio of 0.7, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.38 near 24.71,in the bottom quartile of the past year, suggesting an expected daily move of $3.70. Put-call skew steepened, indicating increased demand for downside protection.
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