Mixed options sentiment in NVIDIA (NVDA), with shares up $1.65, or 0.91%, near $183.46. Options volume roughly in line with average with 2.54m contracts traded and calls leading puts for a put/call ratio of 0.72, compared to a typical level near 0.5. Implied volatility (IV30) dropped 1.1 near 45.01,and above the 52wk median, suggesting an expected daily move of $5.20. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at HSBC.
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