Options volume is relatively light, with 19k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.8. Implied volatility (IV30) dropped 0.78 to 32.48,above the median, suggesting an expected daily move of $0.97. Put-call skew flattened, suggesting a modestly bullish tone.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- Aspen Aerogels price target lowered to $8 from $16 at Roth Capital
- Detroit’s Big 3 Lash at the U.S.-UK Trade Deal Citing ‘Preferential access for UK Autos’
- Tariffs to be cut on UK-made cars, beef, under new deal, Telegraph says
- General Motors Closes $2 Billion Senior Notes Sale
- Amazon Doubles Down on Zoox, Plans Major Robotaxi Fleet Expansion