Mixed options sentiment in Verizon (VZ), with shares up 24c, or 0.58%, near $42.34. Options volume relatively light with 8125 contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.53. Implied volatility (IV30) dropped 0.64 near 21.51,and above the 52wk median, suggesting an expected daily move of $0.57. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on VZ:
- Mixed options sentiment in Verizon with shareslittle changed
- Mixed options sentiment in Verizon with shares down 1.11%
- Verizon announces Semtech as ‘Verizon Frontline Verified’ partner
- Verizon Business, Nokia to deploy Private 5G Networks along the River Thames
- Verizon Finalizes Private Exchange Offers for Notes