Mixed options sentiment in Meta Platforms Inc (META), with shares up $3.23, or 0.53%, near $613.07. Options volume roughly in line with average with 606k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.55. Implied volatility (IV30) dropped 1.16 near 32.6,and below the 52wk median, suggesting an expected daily move of $12.59. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Freedom Capital.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Tiger Global buys Netflix, exits Eli Lilly in Q3
- Valuation-Focused Investors Will Miss Out on Huge Gains, Says Five-Star Analyst
- Buy/Sell: Wall Street’s top 10 stock calls this week
- DA Davidson technology analysts hold an analyst/industry conference call
- NVDA, META, CRWV: Dan Ives Calls AI Stock Selloff a ‘Mini Panic’