Mixed options sentiment in Oracle (ORCL), with shares down $2.31 near $280.45. Options volume roughly in line with average with 159k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.67. Implied volatility (IV30) dropped 0.95 near 50.83,in the top quartile of the past year, suggesting an expected daily move of $8.98. Put-call skew steepened, indicating increased demand for downside protection.
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