Mixed options sentiment in JPMorgan (JPM), with shares up $3.25, or 1.05%, near $313.20. Options volume running well above average with 29k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 1.12. Implied volatility (IV30) dropped 1.23 near 21.95,and below the 52wk median, suggesting an expected daily move of $4.33. Put-call skew steepened, indicating increased demand for downside protection.
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