Mixed options sentiment in Meta Platforms Inc (META), with shares down $14.94 near $651.53. Options volume nearly triple the daily average with 1.62m contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.9 points near 36.47,and above the 52wk median, suggesting an expected daily move of $14.97. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Benchmark.
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