Bullish flow in C3 AI (AI), with shares up 16c, or 1.5%, near $11.18. Options volume relatively light with 9402 contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.29. Implied volatility (IV30) is up nearly 10.0 points near 83.8,in the top quartile of the past year, suggesting an expected daily move of $0.59. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AI:
- Private Markets: Nvidia, Microsoft consider new investment in OpenAI
- C3 AI price target lowered to $10 from $14 at BofA
- C3.ai: Competitive Pressures, Weak Growth-Profit Profile Drive Sell Rating and $10 Price Target
- Mixed options sentiment in C3 AI with shares down 7.58%
- Moderately bullish activity in C3 AI with shares up 3.69%
