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Mixed options sentiment in Arm Holdings PLC with shares up 1.02%

Mixed options sentiment in Arm Holdings PLC (ARM), with shares up $1.28, or 1.02%, near $127.23. Options volume relatively light with 23k contracts traded and puts leading calls for a put/call ratio of 1.48, compared to a typical level near 1.19. Implied volatility (IV30) dropped 1.02 near 53.44,and below the 52wk median, suggesting an expected daily move of $4.28. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at New Street.

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