Mixed options sentiment in Applovin (APP), with shares down $17.11 near $363.48. Options volume roughly in line with average with 57k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.6. Implied volatility (IV30) dropped 0.32 near 62.4,in the bottom quartile of the past year, suggesting an expected daily move of $14.29. Put-call skew flattened, suggesting a modestly bullish tone.
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