Bullish flow in Rigetti Computing (RGTI), with shares up 22c, or 1.49%, near $15.38. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.83. Implied volatility (IV30) is higher by 1.1 points near 79.4,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.77. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RGTI:
- Quantum Computing News: IonQ Hardware Advance and New Encryption Protocols
- Quantum Firm Infleqtion Merges With Churchill SPAC in $1.8 Billion Deal
- Fujitsu, D-Wave, and Quantinuum Show How Quantum Computing Is Moving Into Finance and Telecom
- New Mexico places $315 million bet on quantum tech
- Quantum Computing News: Nvidia Expands Role, IQM Secures $320 Million, ETF Surges to $2 Billion