Mixed options sentiment in Verizon (VZ), with shares down 16c near $42.80. Options volume running well above average with 76k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.49. Implied volatility (IV30) dropped 0.33 near 15.76,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.42. Put-call skew steepened, indicating increased demand for downside protection.
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