Options volume is roughly in line with average, with 48k contracts traded and calls leading puts for a put/call ratio of 0.7, compared to a typical level near 0.77. Implied volatility (IV30) rose 0.65 to 50.73,in the top quartile, suggesting an expected daily move of $7.31. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Broadcom (AVGO) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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