Mixed options sentiment in Coca Cola (KO), with shares down 16c near $79.39. Options volume roughly in line with average with 26k contracts traded and calls leading puts for a put/call ratio of 0.83, compared to a typical level near 0.7. Implied volatility (IV30) dropped 1.99 near 17.52,and above the 52wk median, suggesting an expected daily move of $0.88. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on KO:
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