Option traders moderately bearish in UPS (UPS), with shares down 88c near $86.06. Options volume roughly in line with average with 24k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 0.9 points near 27.31,and above the 52wk median, suggesting an expected daily move of $1.48. Put-call skew steepened, indicating increased demand for downside protection.
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 UPS:
- Mixed options sentiment in UPS with shares down 0.92%
- Caterpillar speculated by MarketWatch as most likely Buffet ‘mystery stock’
- UPS call volume above normal and directionally bullish
- UPS CEO Buys $1 Million of Company Stock
- These 2 CEOs Are Buying the Dip in Their Own Stocks — Here’s What Analysts Expect Next