Mixed options sentiment in Wolfspeed with shareslittle changed

Mixed options sentiment in Wolfspeed (WOLF), with shares up 2c, or 0.07%, near $22.09. Options volume relatively light with 1638 contracts traded and puts leading calls for a put/call ratio of 8.64, compared to a typical level near 81.52. Implied volatility (IV30) dropped 0.26 near 89.3,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.24. Put-call skew steepened, indicating increased demand for downside protection.