Mixed options sentiment in Grab Holdings Ltd (GRAB), with shares down 26c near $5.05. Options volume relatively light with 50k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.15. Implied volatility (IV30) dropped 3.6 near 44.07,and below the 52wk median, suggesting an expected daily move of $0.14. Put-call skew steepened, indicating increased demand for downside protection.
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