Mixed options sentiment in Opendoor Technologies (OPEN), with shares down 12c near $5.09. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.31. Implied volatility (IV30) dropped 0.93 near 78.87,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.25. Put-call skew steepened, indicating increased demand for downside protection.
Claim 30% Off TipRanks
New trading tool for OPEN bullsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPEN:
- Mixed options sentiment in Opendoor Technologies with shares up 5.91%
- Bullish flow in Opendoor Technologies with shares up 5.89%
- Unusually active option classes on open March 17th
- Opendoor Technologies call volume above normal and directionally bullish
- Moderately bullish activity in Opendoor Technologies with shares down 6.64%
