Mixed options sentiment in Galaxy Digital Inc. – Class A common stock (GLXY), with shares up $2.10, or 5.44%, near $40.70. Options volume more than double the daily average with 183k contracts traded and puts leading calls for a put/call ratio of 9.43, compared to a typical level near 1.51. Implied volatility (IV30) is higher by 5.6 points near 95.71,and above the 52wk median, suggesting an expected daily move of $2.45. Put-call skew steepened, indicating increased demand for downside protection.
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- Galaxy Digital price target raised to $57 from $40 at Benchmark
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