Mixed options sentiment in GameStop with shares down 0.11%

Mixed options sentiment in GameStop (GME), with shares down 2c near $23.50. Options volume roughly in line with average with 88k contracts traded and calls leading puts for a put/call ratio of 0.2, compared to a typical level near 0.2. Implied volatility (IV30) dropped 1.37 near 49.34,in the bottom quartile of the past year, suggesting an expected daily move of $0.73. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: GameStop (GME) will report earnings after the close on 2026-03-24.Option markets are pricing in a 50% probability of a move greater than 5.92% or $1.39.