Mixed options sentiment in Applovin (APP), with shares down $15.22 near $709.40. Options volume roughly in line with average with 44k contracts traded and calls leading puts for a put/call ratio of 0.86, compared to a typical level near 0.7. Implied volatility (IV30) dropped 4.51 near 51.6,in the lowest 10% of observations over the past year, suggesting an expected daily move of $23.06. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APP:
- Moderately bullish activity in Applovin with shares up 4.7%
- AppLovin’s Strong ROAS and Customer Acquisition Drive Buy Rating
- AppLovin’s Strong Future Performance Backed by eCommerce Expansion and Gaming Ads Growth
- AppLovin management to meet with Piper Sandler
- Early notable gainers among liquid option names on December 2nd