Mixed options sentiment in Novo Nordisk (NVO), with shares down $1.42 near $53.37. Options volume roughly in line with average with 42k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.63. Implied volatility (IV30) dropped 0.16 near 60.32, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.03. 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 10.5% or $5.60.
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- Mixed options sentiment in Novo Nordisk with shares down 1.44%