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Option traders moderately bearish in CoreWeave Inc with shares down 1.15%

Option traders moderately bearish in CoreWeave Inc (CRWV), with shares down 88c near $75.16. Options volume relatively light with 34k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.73. Implied volatility (IV30) is higher by 2.2 points near 86.55,in the bottom quartile of the past year, suggesting an expected daily move of $4.10. Put-call skew steepened, indicating increased demand for downside protection.

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