Mixed options sentiment in Wolfspeed with shares down 6.95%

Mixed options sentiment in Wolfspeed (WOLF), with shares down 10c near $1.41. Options volume relatively light with 34k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 1.02. Implied volatility (IV30) dropped 10.8 near 248.81,in the top quartile of the past year, suggesting an expected daily move of $0.22. Put-call skew flattened, suggesting a modestly bullish tone.