Options volume is roughly in line with average, with 30k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.27 to 44.51,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.41. Put-call skew flattened, suggesting a modestly bullish tone.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYZ:
- Block downgraded to Neutral from Outperform at KGI Securities
- Buy Rating for Block: Strategic Positioning and Growth Potential Amidst Short-term Challenges
- Strategic Initiatives and Demographic Adaptation Drive Buy Rating for Block
- Microsoft downgraded, Reddit upgraded: Wall Street’s top analyst calls
- Block price target lowered to $59 from $88 at Argus