Mixed options sentiment in UiPath (PATH), with shares down 0c near $12.45. Options volume relatively light with 18k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.3. Implied volatility (IV30) dropped 0.41 near 65.37,and above the 52wk median, suggesting an expected daily move of $0.51. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Needham.
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