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Option traders moderately bearish in Core Scientific, Inc with shares down 1.53%

Option traders moderately bearish in Core Scientific, Inc (CORZ), with shares down 18c near $11.89. Options volume relatively light with 50k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.29. Implied volatility (IV30) is higher by 1.2 points near 65.25,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.49. Put-call skew steepened, indicating increased demand for downside protection.

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