Mixed options sentiment in Verizon (VZ), with shares up 10c, or 0.23%, near $41.28. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.49. Implied volatility (IV30) dropped 0.44 near 19.09,and below the 52wk median, suggesting an expected daily move of $0.50. Put-call skew flattened, suggesting a modestly bullish tone.
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Read More on VZ:
- Verizon Stock (VZ) Dull as Telco Slashes 13,000 Jobs in Move to Restructure
- Verizon CEO announces start of 13,000 layoffs across company
- Verizon starts laying off over 13,000 employees, WSJ reports
- Moderately bullish activity in Verizon with shares up 0.87%
- Moderately bullish activity in Verizon with shares up 0.35%
