tiprankstipranks
Advertisement
Advertisement

Mixed options sentiment in ServiceNow with shares down 3.51%

Mixed options sentiment in ServiceNow (NOW), with shares down $3.62 near $99.67. Options volume roughly in line with average with 201k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.44. Implied volatility (IV30) dropped 4.25 near 58.26,in the top quartile of the past year, suggesting an expected daily move of $3.66. Put-call skew steepened, indicating increased demand for downside protection.

Meet Samuel – Your Personal Investing Prophet

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

Disclaimer & DisclosureReport an Issue

1