Mixed options sentiment in Oracle (ORCL), with shares down $1.88 near $248.10. Options volume relatively light with 33k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.38. Implied volatility (IV30) dropped 0.28 near 33.01,and below the 52wk median, suggesting an expected daily move of $5.16. Put-call skew steepened, indicating increased demand for downside protection.
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