Mixed options sentiment in Meta Platforms Inc (META), with shares down $8.19 near $629.52. Options volume running well above average with 645k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.52. Implied volatility (IV30) dropped 0.11 near 35.44,and above the 52wk median, suggesting an expected daily move of $14.05. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Benchmark.
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