Bullish flow in Core Scientific, Inc (CORZ), with shares up 16c, or 0.78%, near $20.02. Options volume running well above average with 221k contracts traded and calls leading puts for a put/call ratio of 0.14, compared to a typical level near 0.22. Implied volatility (IV30) is higher by 7.9 points near 106.78,in the top quartile of the past year, suggesting an expected daily move of $1.35. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at B. Riley.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CORZ:
- Crypto Currents: PayPal partners with OpenAI for payments
- Midday Fly By: OpenAI signs new Microsoft deal, PayPal reports Q3 beat
- Warner Bros. Discovery upgraded, F5 downgraded: Wall Street’s top analyst calls
- CoreWeave ‘Can Thrive’ without Core Scientific, Says Top Analyst
- Two Seas Capital says ‘enthusiastic’ about Core Scientific’s prospects
