Mixed options sentiment in Amazon (AMZN), with shares up $2.18, or 1.0%, near $219.32. Options volume roughly in line with average with 705k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.54. Implied volatility (IV30) dropped 3.05 near 34.36,and above the 52wk median, suggesting an expected daily move of $4.75. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Rothschild & Co Redburn.
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