Mixed options sentiment in Oracle (ORCL), with shares up $2.08, or 0.89%, near $237.04. Options volume relatively light with 55k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.43. Implied volatility (IV30) dropped 0.56 near 32.92,and below the 52wk median, suggesting an expected daily move of $4.92. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Overweight at Piper Sandler.
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