Option traders moderately bearish in BigBearai Holdings (BBAI), with shares down 4c near $4.21. Options volume roughly in line with average with 73k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 0.5 points near 94.84,and below the 52wk median, suggesting an expected daily move of $0.25. Put-call skew steepened, indicating increased demand for downside protection.
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