Mixed options sentiment in Robinhood (HOOD), with shares up $2.92, or 2.5%, near $120.08. Options volume roughly in line with average with 106k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.57. Implied volatility (IV30) dropped 1.58 near 57.71,in the lowest 10% of observations over the past year, suggesting an expected daily move of $4.37. Put-call skew steepened, indicating increased demand for downside protection.
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