Mixed options sentiment in Meta Platforms Inc (META), with shares down $5.90 near $671.32. Options volume relatively light with 135k contracts traded and calls leading puts for a put/call ratio of 0.68, compared to a typical level near 0.75. Implied volatility (IV30) dropped 0.3 near 31.36,and below the 52wk median, suggesting an expected daily move of $13.26. Put-call skew steepened, indicating increased demand for downside protection.
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