- Positioning/sentiment from open interest is bullish-leaning: put/call OI ratio 0.21 (calls dominate OI).
- However, trading activity is extremely light (today’s total volume ~2; call volume 0, put volume 2), so the sentiment read is low-confidence.
- Implied vol is elevated (30D IV ~94.71) vs historical vol (~59.6): options are pricing large moves; premium is expensive.
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IV trend: 5D/10D IV averages (~101.8/~100.5) above current, implying IV has cooled slightly but remains high.
- Open interest today 261; activity vs average OI shows elevated attention, but without volume confirmation.