Mixed options sentiment in Verizon (VZ), with shares down $1.14 near $47.48. Options volume running well above average with 87k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 1.22. Implied volatility (IV30) dropped 1.43 near 27.77, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.83. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Erste Group.Looking ahead: Verizon (VZ) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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