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Mixed options sentiment in Meta Platforms Inc with shares down 0.59%

Mixed options sentiment in Meta Platforms Inc (META), with shares down $3.46 near $585.68. Options volume roughly in line with average with 173k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.59. Implied volatility (IV30) dropped 0.42 near 35.99,and above the 52wk median, suggesting an expected daily move of $13.28. Put-call skew steepened, indicating increased demand for downside protection.

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