Mixed options sentiment in Novo Nordisk (NVO), with shares down $1.01 near $55.33. Options volume relatively light with 88k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.61. Implied volatility (IV30) dropped 1.54 near 39.46,and below the 52wk median, suggesting an expected daily move of $1.38. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Hold at DBS Bank.
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