Mixed options sentiment in Block Inc (XYZ), with shares up 18c, or 0.23%, near $79.45. Options volume roughly in line with average with 35k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.45. Implied volatility (IV30) dropped 2.86 near 54.45,and above the 52wk median, suggesting an expected daily move of $2.73. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Block Inc (XYZ) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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