Option traders moderately bearish in Ondas Holdings (ONDS), with shares down 30c near $8.97. Options volume relatively light with 100k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 5.3 points near 121.28,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.69. Put-call skew steepened, indicating increased demand for downside protection.
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