Mixed options sentiment in Applovin (APP), with shares down 20c near $412.40. Options volume roughly in line with average with 101k contracts traded and calls leading puts for a put/call ratio of 0.77, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 0.8 points near 59.08,in the bottom quartile of the past year, suggesting an expected daily move of $15.35. Put-call skew flattened, suggesting a modestly bullish tone.
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