Mixed options sentiment in Oracle with shares down 2.43%

Mixed options sentiment in Oracle (ORCL), with shares down $7.50 near $300.51. Options volume relatively light with 182k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.53. Implied volatility (IV30) dropped 0.35 near 55.47, in the highest 10% of observations over the past year, suggesting an expected daily move of $10.50. Put-call skew steepened, indicating increased demand for downside protection.