Moderately bullish activity in Verizon (VZ), with shares up 32c, or 0.77%, near $41.20. Options volume roughly in line with average with 28k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 0.0 points near 17.34,in the bottom quartile of the past year, suggesting an expected daily move of $0.45. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VZ:
- Verizon Business, Denver Broncos partner to enhance stadium operations
- EchoStar jumps on SpaceX IPO talk, Morgan Stanley upgrade
- AT&T price target lowered to $30 from $32 at Morgan Stanley
- T-Mobile price target lowered to $260 from $280 at Morgan Stanley
- Verizon price target lowered to $47 from $48 at Morgan Stanley