Mixed options sentiment in GameStop with shares down 0.85%

Mixed options sentiment in GameStop (GME), with shares down 22c near $25.20. Options volume relatively light with 117k contracts traded and calls leading puts for a put/call ratio of 0.11, compared to a typical level near 0.18. Implied volatility (IV30) dropped 3.95 near 42.45,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.