Mixed options sentiment in BigBearai Holdings (BBAI), with shares down 30c near $7.29. Options volume running well above average with 88k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.23. Implied volatility (IV30) dropped 1.41 near 115.74,in the bottom quartile of the past year, suggesting an expected daily move of $0.53. Put-call skew steepened, indicating increased demand for downside protection.
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