Mixed options sentiment in Applovin (APP), with shares up $18.12, or 4.3%, near $439.75. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.95. Implied volatility (IV30) dropped 0.24 near 73.61,and above the 52wk median, suggesting an expected daily move of $20.39. Put-call skew flattened, suggesting a modestly bullish tone.
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