Mixed options sentiment in CoreWeave Inc (CRWV), with shares up $7.26, or 7.49%, near $104.19. Options volume running well above average with 361k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.54. Implied volatility (IV30) dropped 3.91 near 69.22,in the lowest 10% of observations over the past year, suggesting an expected daily move of $4.54. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at H.C. Wainwright.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWV:
- Mixed options sentiment in CoreWeave Inc with shares up 5.4%
- MongoDB reports Q2 beat, Sompo to acquire Aspen Insurance: Morning Buzz
- Micron initiated, Eli Lilly upgraded: Wall Street’s top analyst calls
- Cantor Fitzgerald Assigns CoreWeave Stock (CRWV) a Buy Rating on ‘Significant AI Market Opportunity’
- CoreWeave initiated with an Overweight at Cantor Fitzgerald