Mixed options sentiment in Applovin with shares up 1.62%

Mixed options sentiment in Applovin (APP), with shares up $9.27, or 1.62%, near $580.58. Options volume running well above average with 111k contracts traded and calls leading puts for a put/call ratio of 0.96, compared to a typical level near 0.77. Implied volatility (IV30) dropped 0.18 near 51.68,in the lowest 10% of observations over the past year, suggesting an expected daily move of $18.90. Put-call skew flattened, suggesting a modestly bullish tone.