tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Option traders moderately bearish in MicroStrategy with shares down 2.54%

Option traders moderately bearish in MicroStrategy (MSTR), with shares down $7.54 near $289.23. Options volume roughly in line with average with 403k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 4.8 points near 71.62,and below the 52wk median, suggesting an expected daily move of $13.05. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: MicroStrategy (MSTR) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1