Options volume is relatively light, with 204k contracts traded and calls leading puts for a put/call ratio of 0.81, compared to a typical level near 0.59. Implied volatility (IV30) dropped 0.52 to 29.05,below the median, suggesting an expected daily move of $12.02. Put-call skew flattened, suggesting a modestly bullish tone.
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 META:
- Microsoft Set to Escape Bumper EU Fine After 5- Year-Long Competition Clash With Salesforce
- EU preliminarily finds TikTok’s ad repository in breach of DSA
- Senators reintroduce Kids Online Safety Act
- Gladstone Capital Management Boosts Stake in Meta Platforms
- MIG Capital, Llc Reduces Stake in Meta Platforms