Bullish flow in Riot Blockchain (RIOT), with shares up 4c, or 0.43%, near $10.55. Options volume more than double the daily average with 226k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 0.7 points near 71.01,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.47. Put-call skew flattened, suggesting a modestly bullish tone.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIOT:
- Crypto Currents: Kraken launches global money app
- JPMorgan continues to recommend Riot after Core Scientific report
- Mixed options sentiment in Riot Blockchain with shares down 0.8%
- Opening Day: Caris jumps as investors buy into ‘AI TechBio company’
- Trump Weekly: FT details Zuckerberg transformation into ‘MAGA Mark’