Mixed options sentiment in Altimeter Growth (GRAB), with shares down 7c near $6.25. Options volume running well above average with 118k contracts traded and calls leading puts for a put/call ratio of 0.05, compared to a typical level near 0.14. Implied volatility (IV30) dropped 2.75 near 53.57,and above the 52wk median, suggesting an expected daily move of $0.21. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at HSBC.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GRAB:
- Mixed options sentiment in Altimeter Growth with shares down 1.55%
- Altimeter Growth call volume above normal and directionally bullish
- Novo Nordisk, Grab, Vistra, Exelixis, Dropbox: Trending by Analysts
- Grab Holdings price target raised to $6.50 from $5.60 at BofA
- HSBC downgrades Grab Holdings on valuation after rally