Options volume is roughly in line with average, with 265k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.63. Implied volatility (IV30) dropped 0.83 to 31.11,below the median, suggesting an expected daily move of $3.77. 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 AMZN:
- ‘Buy MSFT, AMZN, GOOGL, and PLTR Stocks,’ Says Wedbush
- Applied Optoelectronics price target lowered to $50 from $70 at Northland
- Looking for Exposure to Salesforce Stock (NYSE:CRM)? Try These Two ETFs
- GE Vernova (GEV) Signs $15 Billion Deal to Build Small Modular Nuclear Reactors in Canada
- Trade Desk price target raised to $65 from $55 at Piper Sandler