Mixed options sentiment in GameStop (GME), with shares down 26c near $23.70. Options volume relatively light with 110k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.21. Implied volatility (IV30) dropped 2.2 near 54.0,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone.
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 GME: