tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Wolfspeed with shares down 1.64%

Mixed options sentiment in Wolfspeed (WOLF), with shares down 2c near $1.50. Options volume roughly in line with average with 65k contracts traded and puts leading calls for a put/call ratio of 6.54, compared to a typical level near 1.0. Implied volatility (IV30) dropped 6.15 near 185.8,and above the 52wk median, suggesting an expected daily move of $0.17. 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>>

Disclaimer & DisclosureReport an Issue

1