Mixed options sentiment in Apple (AAPL), with shares down 5c near $232.51. Options volume roughly in line with average with 878k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.55. Implied volatility (IV30) dropped 0.63 near 22.71,in the bottom quartile of the past year, suggesting an expected daily move of $3.33. Put-call skew steepened, indicating increased demand for downside protection.
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