Open interest put/call of **0.8** is mildly **bullish** positioning (more calls than puts outstanding). But the **put/call volume of 2.5** is **bearish/defensive for today’s flow** (more puts traded than calls), implying short-term caution/hedging. Implied vol (30D) ~28.09 vs historical vol ~27.31 is only slightly elevated; IV percentile 42 and IV rank 7.73 suggest **volatility is not priced as unusually high**, so options traders aren’t signaling a major upside breakout expectation.
Net: sentiment is **mixed**—positioning slightly bullish, near-term trading flow more cautious.
