Mixed options sentiment in Verizon (VZ), with shares down 12c near $40.62. Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 3.8 points near 16.63,in the bottom quartile of the past year, suggesting an expected daily move of $0.43. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VZ:
- As America’s Job Market Cracks, Here Are the Layoff Announcements You Can’t Ignore
- Mixed options sentiment in Verizon with shares up 0.73%
- Mixed options sentiment in Verizon with shares up 0.78%
- Mixed options sentiment in Verizon with shares up 1.14%
- Oppenheimer downgraded T-Mobile to Perform amid increased competition