Mixed options sentiment in Reddit Inc (RDDT), with shares down $1.45 near $218.28. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.82. Implied volatility (IV30) dropped 0.06 near 62.65,in the bottom quartile of the past year, suggesting an expected daily move of $8.61. Put-call skew flattened, suggesting a modestly bullish tone.
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