Mixed options sentiment in Disney (DIS), with shares down $1.53 near $105.24. Options volume relatively light with 11k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.65. Implied volatility (IV30) dropped 1.03 near 21.44,and below the 52wk median, suggesting an expected daily move of $1.42. Put-call skew steepened, indicating increased demand for downside protection.
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