Mixed options sentiment in Trump Media (DJT), with shares down 16c near $13.82. Options volume relatively light with 25k contracts traded and puts leading calls for a put/call ratio of 1.17, compared to a typical level near 0.45. Implied volatility (IV30) dropped 14.31 near 67.48,and below the 52wk median, suggesting an expected daily move of $0.59. Put-call skew steepened, indicating increased demand for downside protection.
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