Options volume is running well above average, with 69k contracts traded and calls leading puts for a put/call ratio of 0.75, compared to a typical level near 0.78. Implied volatility (IV30) dropped 1.72 to 44.6,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.47. Put-call skew flattened, suggesting a modestly bullish tone. following a upgrade to Buy at Goldman Sachs.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYFT:
- Alphabet’s (GOOGL) Waymo Recalls 1,212 Self-Driving Cars over Software Glitch
- Lyft price target raised to $18 from $15 at Susquehanna
- These 2 Momentum Stocks Just Got a Bullish Nod from Analysts
- Cautious Hold on Lyft Amidst Mixed Signals and Competitive Concerns
- Lyft’s Q1 2025 Earnings Call: Record Growth and Strategic Expansion