Mixed options sentiment in Wolfspeed (WOLF), with shares up 76c, or 4.32%, near $18.23. Options volume relatively light with 1707 contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 213.89. Implied volatility (IV30) dropped 0.89 near 98.07,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.13. Put-call skew flattened, suggesting a modestly bullish tone.
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