Mixed options sentiment in ServiceNow with shares down 0.66%

Mixed options sentiment in ServiceNow (NOW), with shares down 58c near $88.31. Options volume roughly in line with average with 110k contracts traded and calls leading puts for a put/call ratio of 0.86, compared to a typical level near 0.6. Implied volatility (IV30) dropped 1.44 near 54.52,in the top quartile of the past year, suggesting an expected daily move of $3.03. Put-call skew steepened, indicating increased demand for downside protection.