Moderately bullish activity in Wolfspeed (WOLF), with shares up $1.55, or 8.58%, near $19.61. Options volume relatively light with 1577 contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 228.97. Implied volatility (IV30) dropped 8.6 near 87.14,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.08. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WOLF:
- Mixed options sentiment in Wolfspeed with shares up 1.5%
- Mixed options sentiment in Wolfspeed with shares up 4.32%
- Wolfspeed files to sell 11.36M shares of common stock for holders
- Wolfspeed Inc Implements Fresh Start Accounting Post-Reorganization
- Mixed options sentiment in Wolfspeed with shares down 8.06%