Moderately bullish activity in Applovin (APP), with shares up $30.04, or 4.69%, near $669.95. Options volume running well above average with 157k contracts traded and calls leading puts for a put/call ratio of 0.97, compared to a typical level near 0.95. Implied volatility (IV30) is higher by 1.1 points near 54.33,in the lowest 10% of observations over the past year, suggesting an expected daily move of $22.93. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 APP:
- Top Analysts Raise AppLovin Stock (APP) Price Targets, See More Room to Run Even After a 105% YTD Rally
- AppLovin price target raised to $810 from $540 at UBS
- AppLovin price target raised to $740 from $500 at Piper Sandler
- AI Daily: Trump administration to use models from Musk’s xAI
- OpenAI looking to build in-house ad infrastructure, ADWEEK reports