Mixed options sentiment in Fermi Inc. Common Stock with shares down 5.48%

Mixed options sentiment in Fermi Inc. Common Stock (FRMI), with shares down 29c near $5.00. Options volume relatively light with 7504 contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.56. Implied volatility (IV30) dropped 2.07 near 126.79,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.40. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Fermi Inc. Common Stock (FRMI) 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.