Mixed options sentiment in Plug Power (PLUG), with shares up 4c, or 2.2%, near $1.86. Options volume roughly in line with average with 67k contracts traded and calls leading puts for a put/call ratio of 0.09, compared to a typical level near 0.24. Implied volatility (IV30) dropped 1.68 near 136.11,in the top quartile of the past year, suggesting an expected daily move of $0.16. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Plug Power (PLUG) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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 PLUG: