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Mixed options sentiment in Novo Nordisk with shares down 2.61%

Mixed options sentiment in Novo Nordisk (NVO), with shares down $1.20 near $44.60. Options volume relatively light with 26k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.58 near 37.56,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.06. Put-call skew steepened, indicating increased demand for downside protection.

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