Mixed options sentiment in Burlington Stores with shares down -$2.37, or

Mixed options sentiment in Burlington Stores (BURL) with shares down -$2.37, or -0.97%, near $242.21 Options volume in BURL is well above average today with 12k contracts traded and calls leading puts 2:1. Despite the decline, implied volatility (IV30) is down -0.92, to 37.76, above its median for the past year, suggesting an expected daily price range of $5.76. Skew steepened further, showing a higher risk premium in put contracts over calls.