Mixed options sentiment in ServiceNow with shares up 1.41%

Mixed options sentiment in ServiceNow (NOW), with shares up $1.65, or 1.41%, near $118.38. Options volume relatively light with 63k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 3.71. Implied volatility (IV30) dropped 1.71 near 41.86,and above the 52wk median, suggesting an expected daily move of $3.12. Put-call skew steepened, indicating increased demand for downside protection.