Mixed options sentiment in Applovin (APP), with shares down $17.11 near $363.48. Options volume roughly in line with average with 57k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.6. Implied volatility (IV30) dropped 0.32 near 62.4,in the bottom quartile of the past year, suggesting an expected daily move of $14.29. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APP:
- AppLovin Stock (APP) Falls after Short Seller Says It’s Hiding Chinese Ownership
- ‘Just a Minor Bump in the Road,’ Says Top Investor About AppLovin Stock
- AppLovin Approves Directors and Accounting Firm at Meeting
- Robinhood Stock (HOOD) Falls Sharply after S&P 500 Snub Ends Hype Rally
- AppLovin price target raised to $460 from $420 at Morgan Stanley
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue