Mixed options sentiment in Quantumscape with shares up 1.72%

Mixed options sentiment in Quantumscape (QS), with shares up 22c, or 1.72%, near $12.71. Options volume relatively light with 56k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.3. Implied volatility (IV30) dropped 3.28 near 109.55, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.88. Put-call skew steepened, indicating increased demand for downside protection.