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Mixed options sentiment in Apple with shares up 2.02%

Mixed options sentiment in Apple (AAPL), with shares up $4.45, or 2.02%, near $224.48. Options volume more than double the daily average with 1.08m contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.35 near 24.78,and below the 52wk median, suggesting an expected daily move of $3.50. Put-call skew steepened, indicating increased demand for downside protection.

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