Mixed options sentiment in Hecla Mining (HL), with shares down $1.00 near $19.52. Options volume roughly in line with average with 61k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.29 near 78.7,in the top quartile of the past year, suggesting an expected daily move of $0.97. Put-call skew steepened, indicating increased demand for downside protection.
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