Verizon Shares Down, Mixed Options Sentiment
Mixed options sentiment in Verizon (VZ), with shares down 28c near $45.15. Options volume roughly in line with average with 53k contracts traded and calls leading puts for a put/call ratio of 0.87, compared to a typical level near 1.14. Implied volatility (IV30) dropped 0.47 near 27.02, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.77. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at DBS Bank.Looking ahead: Verizon (VZ) will report earnings before the open on 2026-04-27.Option markets are pricing in a 50% probability of a move greater than 4.42% or $1.99.