Mixed options sentiment in GameStop (GME), with shares down 0c near $25.88. Options volume roughly in line with average with 90k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.36. Implied volatility (IV30) dropped 0.7 near 50.95,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.83. Put-call skew steepened, indicating increased demand for downside protection.
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