Mixed options sentiment in United Airlines with shares down 3.22%

Mixed options sentiment in United Airlines (UAL), with shares down $2.93 near $88.04. Options volume relatively light with 27k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 1.9 points near 69.02, in the highest 10% of observations over the past year, suggesting an expected daily move of $3.83. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: United Airlines (UAL) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.