Mixed options sentiment in Lithium Americas (LAC), with shares down 86c near $9.20. Options volume more than double the daily average with 152k contracts traded and calls leading puts for a put/call ratio of 0.11, compared to a typical level near 0.19. Implied volatility (IV30) dropped 27.11 near 144.02, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.83. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAC: