Mixed options sentiment in GameStop (GME), with shares down 22c near $20.27. Options volume roughly in line with average with 95k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.18. Implied volatility (IV30) is higher by 2.2 points near 40.46,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.52. Put-call skew steepened, indicating increased demand for downside protection.
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