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Bearish options flow identified in Roblox with shares down 1.8%

Bearish options flow identified in Roblox (RBLX), with shares down $2.28 near $124.60. Options volume relatively light with 39k contracts traded and puts leading calls for a put/call ratio of 1.1, compared to a typical level near 0.94. Implied volatility (IV30) is higher by 1.0 points near 47.35,and above the 52wk median, suggesting an expected daily move of $3.72. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at Wolfe Research.

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