Option traders moderately bearish in Core Scientific, Inc (CORZ), with shares up 32c, or 1.73%, near $19.11. Options volume roughly in line with average with 93k contracts traded and puts leading calls for a put/call ratio of 1.34, compared to a typical level near 0.51. Implied volatility (IV30) is up nearly 10.0 points near 100.81,in the top quartile of the past year, suggesting an expected daily move of $1.21. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CORZ:
- Core Scientific price target raised to $25 from $19 at Keefe Bruyette
- Crypto Currents: BitGo raises $212.8M in U.S. IPO
- Applied Digital Stock Slips Even as 430MW AI Data Center Construction Begins
- Crypto Currents: Coinbase CEO pulls support for crypto bill
- TD Cowen says delay on market structure legislation is negative for crypto