Mixed options sentiment in UiPath (PATH), with shares up 16c, or 1.51%, near $11.11. Options volume relatively light with 53k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.51. Implied volatility (IV30) dropped 1.92 near 93.97, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.66. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on PATH:
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