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Moderately bullish activity in Sharplink Gaming Inc with shares up 2.62%

Moderately bullish activity in Sharplink Gaming Inc (SBET), with shares up 58c, or 2.62%, near $22.92. Options volume roughly in line with average with 183k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 0.8 points near 156.39,and above the 52wk median, suggesting an expected daily move of $2.26. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Sharplink Gaming Inc (SBET) will report earnings after the close on 2025-08-14.Option markets are pricing in a 50% probability of a move greater than 14.31% or $3.28.

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