Option traders moderately bearish in Applied Optoelectronics with shares down 0.89%

Option traders moderately bearish in Applied Optoelectronics (AAOI), with shares down $1.42 near $158.00. Options volume relatively light with 27k contracts traded and puts leading calls for a put/call ratio of 1.59, compared to a typical level near 0.66. Implied volatility (IV30) is higher by 0.6 points near 154.04, in the highest 10% of observations over the past year, suggesting an expected daily move of $15.33. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Applied Optoelectronics (AAOI) 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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