Mixed options sentiment in UPS (UPS), with shares down 81c near $86.99. Options volume relatively light with 32k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.71. Implied volatility (IV30) dropped 0.25 near 26.51,and above the 52wk median, suggesting an expected daily move of $1.45. Put-call skew flattened, suggesting a modestly bullish tone.
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