Mixed sentiment on NVIDIA (NVDA), with shares down 85c near $187.37. Options volume is relatively light with 360,000 contracts traded and calls leading sales for a put/call ratio of 0.83, compared to a typical level of close to 0.56. Implied Volatility (IV30) is higher by 0.3 points near 34.93, in the bottom quartile of last year, suggesting an expected daily move of $4.12. The call bias flattened, suggesting a modestly bullish tone.
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