Option traders moderately bearish in Applied Digital Corp (APLD), with shares down 42c near $26.84. Options volume roughly in line with average with 26k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 2.4 points near 107.93,and below the 52wk median, suggesting an expected daily move of $1.82. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Applied Digital Corp (APLD) 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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