Option traders moderately bearish in Webull Corp with shares down 0.67%

Option traders moderately bearish in Webull Corp (BULL), with shares down 4c near $5.92. Options volume roughly in line with average with 61k contracts traded and puts leading calls for a put/call ratio of 1.07, compared to a typical level near 0.25. Implied volatility (IV30) dropped 0.71 near 80.85,and below the 52wk median, suggesting an expected daily move of $0.30. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Webull Corp (BULL) will report earnings after the close on 2026-03-04.Option markets are pricing in a 50% probability of a move greater than -5.03% or $-0.30.