Novo Nordisk Shares Rise 1.96% to $44.41
Moderately bullish activity in Novo Nordisk (NVO), with shares up 86c, or 1.96%, near $44.41. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 0.2 points near 35.72,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.00. Put-call skew steepened, indicating increased demand for downside protection.
