Mixed options sentiment in Enphase Energy (ENPH), with shares up 44c, or 1.06%, near $41.34. Options volume roughly in line with average with 42k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 1.12. Implied volatility (IV30) dropped 0.37 near 85.93, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.24. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Enphase Energy (ENPH) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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