Mixed options sentiment in Costco (COST), with shares down $2.00 near $954.75. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.83, compared to a typical level near 1.68. Implied volatility (IV30) dropped 0.32 near 19.38,in the bottom quartile of the past year, suggesting an expected daily move of $11.66. Put-call skew steepened, indicating increased demand for downside protection.
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