Mixed options sentiment in GameStop (GME), with shares up 18c, or 0.79%, near $22.27. Options volume relatively light with 109k contracts traded and calls leading puts for a put/call ratio of 0.14, compared to a typical level near 0.21. Implied volatility (IV30) dropped 2.23 near 45.67,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.64. Put-call skew steepened, indicating increased demand for downside protection.
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