Mixed options sentiment in Opendoor Technologies (OPEN), with shares down 14c near $2.40. Options volume roughly in line with average with 368k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.19. Implied volatility (IV30) dropped 23.86 near 193.98, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.29. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Opendoor Technologies (OPEN) will report earnings after the close on 2025-08-05.Option markets are pricing in a 50% probability of a move greater than 15.72% or $0.38.
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 OPEN:
- Opendoor Technologies to adjourn special meeting to August 27
- ‘Speculative Trading Hits Highest Level Since Meme-Stock Craze,’ Warns Goldman Sachs
- What to Know About the Meme Stocks Renaissance
- Mixed options sentiment in Opendoor Technologies with shares up 11.35%
- Is GoPro (GPRO) the Next Big Meme Stock?