Bullish flow in Galaxy Digital Inc. – Class A common stock (GLXY), with shares up 48c, or 1.77%, near $27.82. Options volume relatively light with 37k contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 0.23. Implied volatility (IV30) is higher by 2.6 points near 89.28,in the bottom quartile of the past year, suggesting an expected daily move of $1.56. Put-call skew flattened, suggesting a modestly bullish tone.
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 GLXY:
- Galaxy Digital’s Growth Potential and Financial Stability Drive Buy Rating
- Galaxy Digital price target raised to $34 from $33 at Canaccord
- Galaxy Digital’s Strategic Expansion and Strong Financial Performance Support Buy Rating
- Moderately bullish activity in Galaxy Digital Inc. – Class A common stock with shares down 0.29%
- Galaxy Digital price target raised to $40 from $38 at Benchmark