Mixed options sentiment in UiPath with shares down 1.77%

Mixed options sentiment in UiPath (PATH), with shares down 30c near $16.38. Options volume relatively light with 35k contracts traded and calls leading puts for a put/call ratio of 0.14, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 2.3 points near 52.29,and below the 52wk median, suggesting an expected daily move of $0.54. Put-call skew steepened, indicating increased demand for downside protection.