Option traders moderately bearish in Core Scientific, Inc (CORZ), with shares up 96c, or 6.18%, near $16.41. Options volume more than double the daily average with 120k contracts traded and puts leading calls for a put/call ratio of 1.32, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 0.2 points near 86.81,and above the 52wk median, suggesting an expected daily move of $0.90. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
Trade CORZ with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CORZ:
- Strong Buy Alert: 3 Low P/E Stocks Poised for Over 40% Gains Ahead
- Core Scientific Earnings Call: AI Pivot Gains Speed
- Mixed options sentiment in Core Scientific, Inc with shares up 3.5%
- Core Scientific Secures $500 Million Term Loan Facility
- Crypto Currents: ICE makes investment in crypto exchange OKX at $25B valuation