Mixed options sentiment in Salesforce (CRM), with shares up $5.08, or 2.93%, near $178.38. Options volume roughly in line with average with 72k contracts traded and calls leading puts for a put/call ratio of 0.78, compared to a typical level near 0.77. Implied volatility (IV30) dropped 2.05 near 47.2,in the top quartile of the past year, suggesting an expected daily move of $5.30. Put-call skew steepened, indicating increased demand for downside protection.
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