Option traders moderately bearish in Unity Software (U), with shares down $1.29 near $16.96. Options volume roughly in line with average with 74k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 5.5 points near 81.89,and above the 52wk median, suggesting an expected daily move of $0.87. Put-call skew steepened, indicating increased demand for downside protection.
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