Moderately bullish activity in Sharplink Gaming Inc (SBET), with shares up $1.19, or 6.95%, near $18.31. Options volume running well above average with 85k contracts traded and calls leading puts for a put/call ratio of 0.2, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 4.4 points near 99.37,in the bottom quartile of the past year, suggesting an expected daily move of $1.15. 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 SBET: