Mixed options sentiment in Blue Owl Capital with shares up 5.82%

Mixed options sentiment in Blue Owl Capital (OWL), with shares up 62c, or 5.82%, near $11.36. Options volume roughly in line with average with 56k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 2.33. Implied volatility (IV30) dropped 2.17 near 61.68, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.44. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Deutsche Bank.