Mixed options sentiment in Trump Media (DJT), with shares up 42c, or 3.12%, near $14.04. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.4. Implied volatility (IV30) dropped 2.32 near 71.7,and above the 52wk median, suggesting an expected daily move of $0.63. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DJT:
- Trump Trade: Trump hinted at major changes in Venezuela to oil execs
- Trump Media, Tae Technologies commence site selection planning process
- Trump Media call volume above normal and directionally bullish
- Crypto Currents: Cantor says bitcoin could be weak for next few months
- Truth Social unveils blockchain-based shareholder rewards token