Mixed options sentiment in Verizon (VZ), with shares up 12c, or 0.27%, near $47.19. Options volume relatively light with 11k contracts traded and calls leading puts for a put/call ratio of 0.13, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.38 near 21.7,and above the 52wk median, suggesting an expected daily move of $0.64. Put-call skew steepened, indicating increased demand for downside protection.
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