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Mixed options sentiment in NVIDIA with shares up 0.4%

Mixed options sentiment in NVIDIA (NVDA), with shares up 71c, or 0.4%, near $176.46. Options volume roughly in line with average with 1.92m contracts traded and calls leading puts for a put/call ratio of 0.93, compared to a typical level near 0.75. Implied volatility (IV30) dropped 0.28 near 36.02,and below the 52wk median, suggesting an expected daily move of $4.00. Put-call skew steepened, indicating increased demand for downside protection.

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