Mixed options sentiment in Wolfspeed with shares up 2.28%

Mixed options sentiment in Wolfspeed (WOLF), with shares up 71c, or 2.28%, near $31.81. Options volume relatively light with 29k contracts traded and puts leading calls for a put/call ratio of 17.88, compared to a typical level near 54.91. Implied volatility (IV30) dropped 1.56 near 160.94,and below the 52wk median, suggesting an expected daily move of $3.22. Put-call skew flattened, suggesting a modestly bullish tone.