Option traders moderately bearish in Palantir Technologies (PLTR), with shares down 17c near $135.21. Options volume roughly in line with average with 760k contracts traded and puts leading calls for a put/call ratio of 2.0, compared to a typical level near 0.93. Implied volatility (IV30) dropped 0.4 near 53.26,and below the 52wk median, suggesting an expected daily move of $4.54. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at Mizuho.
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