Mixed options sentiment in Verizon (VZ), with shares up 32c, or 0.78%, near $40.52. Options volume relatively light with 28k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.18 near 17.81,and below the 52wk median, suggesting an expected daily move of $0.45. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks This Holiday Season
- 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:
- Mixed options sentiment in Verizon with shares up 1.14%
- Oppenheimer downgraded T-Mobile to Perform amid increased competition
- Verizon Announces Major Workforce Reduction Plan
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- Midday Fly By: Nvidia reports Q3 beat, Abbott buys Exact Sciences
