Mixed options sentiment in Verizon with shares up 0.74%

Mixed options sentiment in Verizon (VZ), with shares up 32c, or 0.74%, near $43.12. Options volume relatively light with 38k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.46. Implied volatility (IV30) dropped 1.3 near 20.57,and above the 52wk median, suggesting an expected daily move of $0.56. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Verizon (VZ) will report earnings before the open on 2025-07-21.Option markets are pricing in a 50% probability of a move greater than 3.51% or $1.51.