Option traders moderately bearish in Oscar Health (OSCR), with shares down 34c near $16.84. Options volume relatively light with 19k contracts traded and puts leading calls for a put/call ratio of 1.06, compared to a typical level near 0.51. Implied volatility (IV30) dropped 3.03 near 71.11,in the bottom quartile of the past year, suggesting an expected daily move of $0.75. Put-call skew steepened, indicating increased demand for downside protection.
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