Mixed options sentiment in Verizon (VZ), with shares down 26c near $39.48. Options volume relatively light with 81k contracts traded and calls leading puts for a put/call ratio of 0.69, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.1 points near 18.38,and below the 52wk median, suggesting an expected daily move of $0.46. Put-call skew flattened, suggesting a modestly bullish tone.
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 VZ:
- AI Daily: AWS, OpenAI announce $38B strategic partnership
- Verizon Business, AWS enter new fiber deal
- Option traders moderately bearish in Verizon with shares down 2.25%
- Verizon price target lowered to $45 from $49 at BofA
- Verizon price target raised to $51 from $50.50 at Scotiabank