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Mixed options sentiment in GameStop with shares down 2.11%

Mixed options sentiment in GameStop (GME), with shares down 48c near $22.09. Options volume roughly in line with average with 152k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.22. Implied volatility (IV30) is higher by 0.7 points near 38.62,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.54. Put-call skew steepened, indicating increased demand for downside protection.

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