Mixed options sentiment in Arm Holdings PLC with shares up 2.57%

Mixed options sentiment in Arm Holdings PLC (ARM), with shares up $3.92, or 2.57%, near $156.30. Options volume relatively light with 24k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.51. Implied volatility (IV30) dropped 4.32 near 53.34,and above the 52wk median, suggesting an expected daily move of $5.25. Put-call skew steepened, indicating increased demand for downside protection.