Mixed options sentiment in GameStop with shares down 0.85%

Mixed options sentiment in GameStop (GME), with shares down 22c near $24.96. Options volume more than double the daily average with 103k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.22. Implied volatility (IV30) dropped 2.69 near 42.36,in the bottom quartile of the past year, suggesting an expected daily move of $0.67. Put-call skew steepened, indicating increased demand for downside protection.