Mixed options sentiment in Nebius Group NV (NBIS), with shares down 64c near $97.22. Options volume roughly in line with average with 23k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.55. Implied volatility (IV30) dropped 3.49 near 94.68,and above the 52wk median, suggesting an expected daily move of $5.80. Put-call skew steepened, indicating increased demand for downside protection.
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