tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Upstart Holdings with shares down 2.21%

Mixed options sentiment in Upstart Holdings (UPST), with shares down $1.17 near $51.45. Options volume relatively light with 35k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.7. Implied volatility (IV30) is higher by 6.3 points near 102.55,and above the 52wk median, suggesting an expected daily move of $3.32. Put-call skew steepened, indicating increased demand for downside protection.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% 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>>

Disclaimer & DisclosureReport an Issue

1