Option traders moderately bearish in Palantir Technologies (PLTR), with shares down 90c near $140.51. Options volume relatively light with 209k contracts traded and calls leading puts for a put/call ratio of 0.88, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 0.1 points near 54.27,and below the 52wk median, suggesting an expected daily move of $4.80. Put-call skew steepened, indicating increased demand for downside protection.
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