Mixed options sentiment in Oracle with shares down 4.9%

Mixed options sentiment in Oracle (ORCL), with shares down $9.51 near $184.34. Options volume roughly in line with average with 257k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.49 near 66.92,in the top quartile of the past year, suggesting an expected daily move of $7.77. Put-call skew steepened, indicating increased demand for downside protection.