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Mixed options sentiment in Beyond Meat with shares up 15.65%

Mixed options sentiment in Beyond Meat (BYND), with shares up 10c, or 15.65%, near $0.70. Options volume running well above average with 92k contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 0.19. Implied volatility (IV30) dropped 3.44 near 163.0,and above the 52wk median, suggesting an expected daily move of $0.07. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 23.78% or $0.17.

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