Mixed options sentiment in GameStop (GME), with shares down 10c near $23.20. Options volume relatively light with 71k contracts traded and calls leading puts for a put/call ratio of 0.1, compared to a typical level near 0.22. Implied volatility (IV30) is higher by 1.3 points near 55.5,in the bottom quartile of the past year, suggesting an expected daily move of $0.81. Put-call skew steepened, indicating increased demand for downside protection.
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