EchoStar Shares Rise $4.56 to $122.42
Moderately bullish activity in EchoStar (SATS), with shares up $4.56, or 3.87%, near $122.42. Options volume running well above average with 87k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 0.5 points near 71.56,and above the 52wk median, suggesting an expected daily move of $5.52. Put-call skew steepened, indicating increased demand for downside protection.
