Mixed options sentiment in Sharplink Gaming Inc (SBET), with shares up 62c, or 3.4%, near $19.00. Options volume relatively light with 103k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.37. Implied volatility (IV30) dropped 1.44 near 113.26,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.36. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBET:
- SharpLink Gaming Amends Sales Agreement for Growth
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- SharpLink Snaps Up a Shocking $667M Worth of Ethereum at Sky-High Prices
- SharpLink Gaming Boosts ETH Holdings and Financial Position
- SharpLink Gaming holds 740,760 Ethereum as of August 17
