Mixed options sentiment in UnitedHealth (UNH), with shares up $5.97, or 1.75%, near $347.67. Options volume roughly in line with average with 111k contracts traded and puts leading calls for a put/call ratio of 1.4, compared to a typical level near 1.13. Implied volatility (IV30) dropped 0.66 near 39.77,in the top quartile of the past year, suggesting an expected daily move of $8.71. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: UnitedHealth (UNH) 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.
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