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Mixed options sentiment in Apple with shares up 0.46%

Mixed options sentiment in Apple (AAPL), with shares up $1.23, or 0.46%, near $268.67. Options volume relatively light with 554k contracts traded and calls leading puts for a put/call ratio of 0.81, compared to a typical level near 0.54. Implied volatility (IV30) dropped 0.59 near 24.76,and below the 52wk median, suggesting an expected daily move of $4.19. Put-call skew steepened, indicating increased demand for downside protection.

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