Option traders moderately bearish in Applied Digital Corp (APLD), with shares down $3.41 near $24.45. Options volume running well above average with 69k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.37. Implied volatility (IV30) is higher by 5.8 points near 113.97,and above the 52wk median, suggesting an expected daily move of $1.76. Put-call skew steepened, indicating increased demand for downside protection.
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 APLD:
- Crypto Currents: Twenty One Capital debuts on NYSE
- Moderately bullish activity in Applied Digital Corp with shares up 8.55%
- Looking for Exposure to SOFI Stock? Here’s How to Buy Without the Risk
- Insider Sales Shake Up Applied Digital, BlackRock, Datadog, Cleanspark, and Schlumberger
- Applied Digital files to sell 2.4M shares of common stock for holders