Cboe data shows mixed options sentiment in Coca Cola with shares down 0.9%
Cboe data shows mixed options sentiment in Coca Cola (KO), with shares down 75c near $82.65. Options volume relatively light with 30k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.53. Implied volatility (IV30) dropped 0.33 near 22.1, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.15. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Coca Cola (KO) 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 Coca Cola (KO), with shares down 75c near $82.65.
Options volume relatively light with 30k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.53.
Implied volatility (IV30) dropped 0.33 near 22.1, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.15.
Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Coca Cola (KO) 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.