Option traders moderately bearish in Verizon (VZ), with shares down 60c near $39.91. Options volume running well above average with 28k contracts traded and calls leading puts for a put/call ratio of 0.66, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 0.4 points near 22.17,in the top quartile of the past year, suggesting an expected daily move of $0.56. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% 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 VZ:
- Verizon launches ‘The Ultimate Super Bowl LX Experience’
- Verizon, Beckham kick off third wave of Verizon Ultimate Access
- Trump Weekly: Furniture tariffs delayed, drugmakers hike prices
- Moderately bullish activity in Verizon with shares up 0.14%
- Trump Trade: DOJ using False Claims Act to probe DEI hiring