Mixed options sentiment in MP Materials (MP), with shares down 60c near $60.59. Options volume relatively light with 5218 contracts traded and calls leading puts for a put/call ratio of 0.98, compared to a typical level near 0.52. Implied volatility (IV30) dropped 1.48 near 70.03,and below the 52wk median, suggesting an expected daily move of $2.67. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at Morgan Stanley.
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