Options volume is roughly in line with average, with 58k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.48. Implied volatility (IV30) dropped 2.91 to 40.69,below the median, suggesting an expected daily move of $0.87. Put-call skew steepened, indicating increased demand for downside protection.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JD: