Mixed options sentiment in Novo Nordisk with shares down 1.17%

Mixed options sentiment in Novo Nordisk (NVO), with shares down 58c near $49.45. Options volume running well above average with 136k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.67. Implied volatility (IV30) dropped 0.02 near 57.69,in the top quartile of the past year, suggesting an expected daily move of $1.80. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Novo Nordisk (NVO) will report earnings before the open on 2025-11-05.Option markets are pricing in a 50% probability of a move greater than 7.43% or $3.67.