Mixed options sentiment in Amazon (AMZN), with shares up $3.40, or 1.48%, near $232.56. Options volume relatively light with 268k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.54. Implied volatility (IV30) dropped 0.77 near 28.81,and below the 52wk median, suggesting an expected daily move of $4.22. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Here’s How Google’s TPU Chip May Have Managed to End the Exclusive Reign of Nvidia Stock
- How Data Centers Are Helping and Hurting the U.S. Aluminum Industry
- Now Streaming: Comcast said to mull sweetened bid for Warner Bros.
- Private Markets: Prediction market platform Kalshi secures $300M
- Amazon (AMZN) and Walmart (WMT): Retail Stocks in Focus as Holiday Quarter Kicks Off