Mixed options sentiment in Joby Aviation (JOBY), with shares down 86c near $16.39. Options volume roughly in line with average with 23k contracts traded and calls leading puts for a put/call ratio of 0.95, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.07 near 78.69,and above the 52wk median, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at H.C. Wainwright.
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- Joby Aviation downgraded to Hold at Canaccord on ‘challenging’ valuation
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