Mixed options sentiment in NVIDIA (NVDA), with shares down 14c near $172.28. Options volume relatively light with 1.31m contracts traded and calls leading puts for a put/call ratio of 0.91, compared to a typical level near 0.64. Implied volatility (IV30) dropped 0.62 near 33.04,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.59. Put-call skew steepened, indicating increased demand for downside protection.
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