Bullish flow in Quantumscape (QS), with shares up $2.08, or 13.14%, near $17.86. Options volume running well above average with 74k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 4.5 points near 119.97,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.
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 QS:
- Quantumscape call volume above normal and directionally bullish
- QuantumScape price target raised to $16 from $5 at TD Cowen
- QuantumScape Insiders Cash in $28M in Stock Sale after Earnings Beat
- Mixed options sentiment in Quantumscape with shares down 3.04%
- Quantumscape’s Financial Complexities: Navigating Accounting Challenges and Risks
