Mixed options sentiment in UnitedHealth (UNH), with shares down 57c near $400.58. Options volume relatively light with 74k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.48. Implied volatility (IV30) dropped 2.04 near 28.46,in the lowest 10% of observations over the past year, suggesting an expected daily move of $7.18. Put-call skew steepened, indicating increased demand for downside protection.
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