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Mixed options sentiment in Upstart Holdings with shares down 4.12%

Mixed options sentiment in Upstart Holdings (UPST), with shares down $2.16 near $50.21. Options volume relatively light with 55k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 4.2 points near 109.48,in the top quartile of the past year, suggesting an expected daily move of $3.46. Put-call skew steepened, indicating increased demand for downside protection.

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