Options volume is roughly in line with average, with 47k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.63. Implied volatility (IV30) dropped 0.43 to 45.29,in the bottom quartile, suggesting an expected daily move of $1.65. Put-call skew flattened, suggesting a modestly bullish tone. following a downgrade to Neutral at KGI Securities.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYZ:
- Strategic Advancements and Product Innovations Drive Block’s Buy Rating
- Bullish flow in Block Inc (XYZ), with shares up $0.64 (+1.16%) near $55.66.
- Mixed options sentiment in Block Inc (XYZ), with shares up $4.16 (+8.25%) near $54.52 following a downgrade to Neutral at KGI Securities.
- Block’s Stock Surges Amid Strategic Shifts
- Mixed options sentiment in Block Inc (XYZ), with shares up $0.24 (+0.48%) near $50.35 following a downgrade to Neutral at Macquarie.