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Mixed options sentiment in GameStop with shares down 3.07%

Mixed options sentiment in GameStop (GME), with shares down 77c near $24.32. Options volume roughly in line with average with 51k 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) dropped 1.88 near 40.47,in the bottom quartile of the past year, suggesting an expected daily move of $0.62. Put-call skew steepened, indicating increased demand for downside protection.

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