Options volume is running well above average, with 101k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.87. Implied volatility (IV30) dropped 5.51 to 35.73,in the top quartile, suggesting an expected daily move of $0.93. Put-call skew flattened, suggesting a modestly bullish tone.The company announced earnings after the close on 2025-05-07with option markets having priced in a move of approximately 4.12%.
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