Mixed options sentiment in Applovin (APP), with shares down $27.98 near $689.00. Options volume roughly in line with average with 17k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 0.2 points near 53.98,in the lowest 10% of observations over the past year, suggesting an expected daily move of $23.43. Put-call skew flattened, suggesting a modestly bullish tone.
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