Mixed options sentiment in American Airlines (AAL), with shares up 13c, or 0.87%, near $15.09. Options volume relatively light with 50k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 1.28. Implied volatility (IV30) dropped 0.49 near 38.92,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.37. Put-call skew flattened, suggesting a modestly bullish tone.
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