Cboe data shows mixed options sentiment in Verizon with shares up 1.13%
Cboe data shows mixed options sentiment in Verizon (VZ), with shares up 48c, or 1.13%, near $42.55. Options volume roughly in line with average with 84k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.84. Implied volatility (IV30) dropped 0.62 near 31.91, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.86. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Verizon (VZ) 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 Verizon (VZ), with shares up 48c, or 1.13%, near $42.55.
Options volume roughly in line with average with 84k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.84.
Implied volatility (IV30) dropped 0.62 near 31.91, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.86.
Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Verizon (VZ) 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.