Mixed options sentiment in Applovin with shares down 0.36%

Mixed options sentiment in Applovin (APP), with shares down $2.14 near $591.00. Options volume relatively light with 21k contracts traded and puts leading calls for a put/call ratio of 1.32, compared to a typical level near 0.82. Implied volatility (IV30) dropped 0.9 near 51.35,in the lowest 10% of observations over the past year, suggesting an expected daily move of $19.12. Put-call skew flattened, suggesting a modestly bullish tone.