Mixed options sentiment in Meta Platforms Inc (META), with shares down $14.94 near $651.53. Options volume nearly triple the daily average with 1.62m contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.9 points near 36.47,and above the 52wk median, suggesting an expected daily move of $14.97. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Benchmark.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Trump Weekly: Trump cuts China tariffs in deal on fentanyl, rare earths
- Buy These 3 Tech Stocks Now, Say Five-Star Analysts
- Private Markets: Polymarket planning U.S. return with sports focus
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Trump Trade: China to work with U.S. to resolve TikTok issue