Mixed options sentiment in Robinhood with shares up 0.5%

Mixed options sentiment in Robinhood (HOOD), with shares up 53c, or 0.5%, near $106.45. Options volume relatively light with 102k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.55. Implied volatility (IV30) dropped 2.56 near 60.95,in the bottom quartile of the past year, suggesting an expected daily move of $4.09. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Robinhood (HOOD) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.