Mixed options sentiment in Novo Nordisk (NVO), with shares down 52c near $60.88. Options volume roughly in line with average with 76k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 0.5 points near 42.76,and below the 52wk median, suggesting an expected daily move of $1.64. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Rothschild & Co Redburn.
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