Applovin Shares Down to $433.60, Mixed Options Sentiment
Mixed options sentiment in Applovin (APP), with shares down $25.35 near $433.60. Options volume roughly in line with average with 24k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 2.6 points near 69.99,and below the 52wk median, suggesting an expected daily move of $19.12. Put-call skew flattened, suggesting a modestly bullish tone.
