tiprankstipranks
Advertisement
Advertisement

Mixed options sentiment in Novo Nordisk with shares down 2.46%

Mixed options sentiment in Novo Nordisk (NVO), with shares down 98c near $38.66. Options volume nearly triple the daily average with 231k contracts traded and calls leading puts for a put/call ratio of 0.87, compared to a typical level near 0.72. Implied volatility (IV30) dropped 1.57 near 46.45,and above the 52wk median, suggesting an expected daily move of $1.13. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Nordea.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1