Option traders moderately bearish in BigBearai Holdings with shares down 4.37%

Option traders moderately bearish in BigBearai Holdings (BBAI), with shares down 14c near $3.17. Options volume relatively light with 17k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 1.2 points near 78.57,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.16. Put-call skew steepened, indicating increased demand for downside protection.