Mixed options sentiment in Wolfspeed (WOLF), with shares down $1.57 near $17.98. Options volume relatively light with 1735 contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 214.66. Implied volatility (IV30) dropped 0.49 near 99.9,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.13. Put-call skew steepened, indicating increased demand for downside protection.
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