Cboe data shows mixed options sentiment in Alphabet with shares up 1.0%
Cboe data shows mixed options sentiment in Alphabet (GOOG), with shares up $3.66, or 1.0%, near $368.56. Options volume roughly in line with average with 45k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.5. Implied volatility (IV30) dropped 0.59 near 38.98, in the highest 10% of observations over the past year, suggesting an expected daily move of $9.05. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Alphabet (GOOG) 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.
Cboe data shows mixed options sentiment in Alphabet (GOOG), with shares up $3.66, or 1.0%, near $368.56.
Options volume roughly in line with average with 45k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.5.
Implied volatility (IV30) dropped 0.59 near 38.98, in the highest 10% of observations over the past year, suggesting an expected daily move of $9.05.
Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Alphabet (GOOG) 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.