Mixed options sentiment in Disney (DIS), with shares down 14c near $117.58. Options volume relatively light with 17k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.59. Implied volatility (IV30) dropped 0.23 near 21.13,and below the 52wk median, suggesting an expected daily move of $1.56. Put-call skew steepened, indicating increased demand for downside protection.
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