Mixed options sentiment in GameStop with shares down 0.88%

Mixed options sentiment in GameStop (GME), with shares down 20c near $23.20. Options volume running well above average with 93k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.31. Implied volatility (IV30) dropped 4.49 near 63.85,and below the 52wk median, suggesting an expected daily move of $0.93. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: GameStop (GME) will report earnings after the close on 2025-09-09.Option markets are pricing in a 50% probability of a move greater than 10.68% or $2.48.