Mixed options sentiment in Verizon (VZ), with shares down 12c near $50.84. Options volume relatively light with 15k contracts traded and calls leading puts for a put/call ratio of 0.77, compared to a typical level near 0.93. Implied volatility (IV30) dropped 0.39 near 22.28,and above the 52wk median, suggesting an expected daily move of $0.71. Put-call skew steepened, indicating increased demand for downside protection.
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