Option traders moderately bearish in Microsoft (MSFT), with shares down $3.10 near $514.83. Options volume roughly in line with average with 252k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 1.5 points near 20.91,and below the 52wk median, suggesting an expected daily move of $6.78. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- Google Rolls Out Gemini AI to TVs as Big Tech Pushes AI Everywhere
- AI Daily: Nvidia to invest in OpenAI, Oracle in talks with Meta for $20B deal
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- Meta’s (META) Llama AI Cleared for U.S. Govt Use, Joining Gemini and Claude
- DA Davidson technology analysts hold an analyst/industry conference call