Mixed options sentiment in UiPath (PATH), with shares up 36c, or 2.23%, near $16.29. Options volume relatively light with 82k contracts traded and calls leading puts for a put/call ratio of 0.11, compared to a typical level near 0.14. Implied volatility (IV30) dropped 1.55 near 64.37,and above the 52wk median, suggesting an expected daily move of $0.66. Put-call skew steepened, indicating increased demand for downside protection.
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 PATH:
- Private Markets: AI model startup Reflection AI raises $2B
- Unusually active option classes on open October 10th
- UiPath’s Strategic Partnerships and AI Adoption: Balancing Growth Opportunities with Uncertainties
- Unusually active option classes on open October 6th
- UiPath price target raised to $13 from $12.50 at BMO Capital
