Mixed options sentiment in Block Inc with shares up 6.78%

Mixed options sentiment in Block Inc (XYZ), with shares up $5.03, or 6.78%, near $79.11. Options volume running well above average with 121k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.65. Implied volatility (IV30) dropped 2.35 near 37.46,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.87. Put-call skew flattened, suggesting a modestly bullish tone.