ServiceNow Shares Rise 2.6% to $102.28
Mixed options sentiment in ServiceNow (NOW), with shares up $2.59, or 2.6%, near $102.28. Options volume roughly in line with average with 150k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.43. Implied volatility (IV30) dropped 1.48 near 56.78,in the top quartile of the past year, suggesting an expected daily move of $3.66. Put-call skew steepened, indicating increased demand for downside protection.