Options volume is relatively light, with 50k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.35. Implied volatility (IV30) dropped 2.55 to 84.45,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.51. Put-call skew flattened, suggesting a modestly bullish tone.
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