Mixed options sentiment in Novo Nordisk (NVO), with shares down 10c near $40.83. Options volume roughly in line with average with 50k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.78. Implied volatility (IV30) dropped 1.2 near 46.9,and above the 52wk median, suggesting an expected daily move of $1.21. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Novo Nordisk (NVO) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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