Mixed options sentiment in Amazon (AMZN), with shares up $3.51, or 1.74%, near $204.66. Options volume running well above average with 1.24m contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.5. Implied volatility (IV30) dropped 1.6 near 32.39,and above the 52wk median, suggesting an expected daily move of $4.18. Put-call skew steepened, indicating increased demand for downside protection.
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