Mixed options sentiment in Meta Platforms (Facebook) (META), with shares down $7.04 near $782.97. Options volume roughly in line with average with 205k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.55. Implied volatility (IV30) dropped 0.61 near 25.92,in the lowest 10% of observations over the past year, suggesting an expected daily move of $12.78. Put-call skew steepened, indicating increased demand for downside protection.
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