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Bullish flow in Rigetti Computing with shares up 18.53%

Bullish flow in Rigetti Computing (RGTI), with shares up $4.08, or 18.53%, near $26.12. Options volume extremely heavy with 271k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.55. Implied volatility (IV30) is up nearly 18.0 points near 121.65,in the top quartile of the past year, suggesting an expected daily move of $2.00. Put-call skew flattened, suggesting a modestly bullish tone.

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