Mixed options sentiment in US Steel (X), with shares down 2c near $53.86. Options volume relatively light with 15k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 1.9 points near 24.85,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.84. Put-call skew flattened, suggesting a modestly bullish tone.
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