Bullish flow in Paramount Skydance Corp (PSKY), with shares up 30c, or 1.88%, near $16.30. Options volume relatively light with 13k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 1.08. Implied volatility (IV30) is higher by 5.1 points near 72.63,and below the 52wk median, suggesting an expected daily move of $0.75. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Guggenheim.
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 PSKY: