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Mixed options sentiment in Applied Digital Corp with shares down 2.73%

Mixed options sentiment in Applied Digital Corp (APLD), with shares down 29c near $10.32. Options volume relatively light with 126k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.32. Implied volatility (IV30) is higher by 1.4 points near 97.95,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.64. Put-call skew steepened, indicating increased demand for downside protection.

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