Mixed options sentiment in Alphabet (GOOG), with shares down $1.31 near $245.81. Options volume relatively light with 122k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.71. Implied volatility (IV30) dropped 0.69 near 39.16, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.06. Put-call skew flattened, suggesting a modestly bullish tone.
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