Mixed options sentiment in Opendoor Technologies (OPEN), with shares down 4c near $1.86. Options volume relatively light with 118k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.28. Implied volatility (IV30) is higher by 0.6 points near 147.65,in the top quartile of the past year, suggesting an expected daily move of $0.17. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Sell at Citi.
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