Mixed options sentiment in Centene with shares down 4.37%

Mixed options sentiment in Centene (CNC), with shares down $1.18 near $25.68. Options volume roughly in line with average with 65k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.64. Implied volatility (IV30) dropped 2.08 near 45.08,in the top quartile of the past year, suggesting an expected daily move of $0.73. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Cantor Fitzgerald.