Mixed options sentiment in Block Inc (XYZ), with shares up $2.04, or 2.95%, near $71.06. Options volume running well above average with 50k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.58. Implied volatility (IV30) dropped 0.44 near 58.64,and above the 52wk median, suggesting an expected daily move of $2.63. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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 XYZ: